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$2,724 (target)

20027 Chipplegate Ln, Humble, TX 77338

3 beds • 2 baths • 2080 sqft

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This property might be a fair Mid-Term investment with a projected 3.43% first-year return on $61,659 initial cash invested.

3.43%

Cash On Cash

7.9%

Cap Rate

1.26

DSCR

$2,724

Rent

$176

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,724 income − $2,548 expenses = $176 cash flow

Income$2,724Mortgage P&I$1,08440%Property Taxes$43216%Insurance$803%HOA$251%Management$32712%CapEx$1094%Vacancy$823%Maintenance$1094%Other$30011%Cash Flow$176

Investment Breakdown

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Purchase Price

$208k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,659

Downpayment

20%

$41,580

Closing costs

1%

$2,079

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,724

Total Expenses

$2,548

Mortgage P&I

40%

$1,084

Property Taxes

16%

$432

Home Insurance

3%

$80

HOA

1%

$25

Property Management

12%

$327

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$300

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