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18706 Grand Harbor Point, Montgomery, TX 77356

3 beds • 3 baths • 3278 sqft

$1,053,600

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This property looks like a bad Long-Term investment with a projected -27.22% first-year return on $221k initial cash invested.

-27.22%

Cash On Cash

0.34%

Cap Rate

0.06

DSCR

$2,720

Rent

-$5,018

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1054k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$221k

Downpayment

20%

$211k

Closing costs

1%

$10,536

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,720

Total Expenses

$7,738

Mortgage P&I

191%

$5,183

Property Taxes

49%

$1,330

Home Insurance

14%

$385

HOA

5%

$133

Property Management

10%

$272

CapEx

5%

$136

Vacancy

6%

$163

Maintenance

5%

$136

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

19 Greenview St, Montgomery, TX 77356

$2,500

3

3

2956

1.9 mi

171 Waterford Way, Montgomery, TX 77356

$3,500

3

3.5

2949

1.4 mi

236 Palais Verde Rd, Montgomery, TX 77356

$2,900

3

2.5

2585

1.3 mi

41 Monterrey Ct, Montgomery, TX 77356

$3,200

3

3.5

2618

1.5 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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