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$2,960 (target)

1864 Bimini Way, Seabrook, TX 77586

3 beds • 2 baths • 1995 sqft

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This property might be a fair Mid-Term investment with a projected 5.06% first-year return on $64,683 initial cash invested.

5.06%

Cash On Cash

8.47%

Cap Rate

1.33

DSCR

$2,960

Rent

$273

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,960 income − $2,687 expenses = $273 cash flow

Income$2,960Mortgage P&I$1,17840%Property Taxes$42314%Insurance$803%Management$35512%CapEx$1184%Vacancy$893%Maintenance$1184%Other$32611%Cash Flow$273

Investment Breakdown

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Purchase Price

$222k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,683

Downpayment

20%

$44,460

Closing costs

1%

$2,223

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,960

Total Expenses

$2,687

Mortgage P&I

40%

$1,178

Property Taxes

14%

$423

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$355

CapEx

4%

$118

Vacancy

3%

$89

Maintenance

4%

$118

Other

11%

$326

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