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1905 Concord Rd, Pasadena, TX 77502

3 beds • 2 baths • 1325 sqft

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This property looks like a bad Long-Term investment with a projected -5% first-year return on $48,720 initial cash invested.

-5%

Cash On Cash

5.49%

Cap Rate

0.9

DSCR

$1,780

Rent

-$203

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$232k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,720

Downpayment

20%

$46,400

Closing costs

1%

$2,320

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,780

Total Expenses

$1,983

Mortgage P&I

66%

$1,175

Property Taxes

15%

$264

Home Insurance

5%

$81

HOA

0%

$0

Property Management

10%

$178

CapEx

5%

$89

Vacancy

6%

$107

Maintenance

5%

$89

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

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1.3 mi

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2

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0.9 mi

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4

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0.6 mi

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2

1

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0.9 mi

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5

4

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0.6 mi

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$1,100

2

1

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0.9 mi

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$2,850

5

4

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