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1822 Georgia Ave, Deer Park, TX 77536

3 beds • 2 baths • 1515 sqft

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This property looks like a bad Long-Term investment with a projected -24.8% first-year return on $104k initial cash invested.

-24.8%

Cash On Cash

0.91%

Cap Rate

0.15

DSCR

$2,040

Rent

-$2,148

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$495k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$99,000

Closing costs

1%

$4,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,040

Total Expenses

$4,188

Mortgage P&I

119%

$2,420

Property Taxes

52%

$1,065

Home Insurance

8%

$173

HOA

0%

$0

Property Management

10%

$204

CapEx

5%

$102

Vacancy

6%

$122

Maintenance

5%

$102

Other

0%

$0

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Comparable Property

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Beds

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SQFT

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4

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2

1

2020

0.9 mi

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$2,850

5

4

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0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

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0.6 mi

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