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20118 Clear Ridge Ln, Montgomery, TX 77316

3 beds • 2 baths • 1801 sqft

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This property looks like a bad Mid-Term investment with a projected -3.46% first-year return on $86,250 initial cash invested.

-3.46%

Cash On Cash

5.41%

Cap Rate

0.93

DSCR

$3,404

Rent

-$249

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,404

Total Expenses

$3,653

Mortgage P&I

46%

$1,578

Property Taxes

22%

$742

Home Insurance

3%

$114

HOA

2%

$63

Property Management

12%

$408

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$374

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