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19702 Country Lake Dr, Magnolia, TX 77355

3 beds • 3 baths • 2560 sqft

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This property looks like a bad Mid-Term investment with a projected -16.79% first-year return on $181k initial cash invested.

-16.79%

Cash On Cash

2.26%

Cap Rate

0.38

DSCR

$3,975

Rent

-$2,529

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$775k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$181k

Downpayment

20%

$155k

Closing costs

1%

$7,750

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,975

Total Expenses

$6,504

Mortgage P&I

96%

$3,831

Property Taxes

24%

$951

Home Insurance

7%

$271

HOA

3%

$100

Property Management

12%

$477

CapEx

4%

$159

Vacancy

3%

$119

Maintenance

4%

$159

Other

11%

$437

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