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$2,860 (target)

2018 Manzanares Dr, Laredo, TX 78045

3 beds • 2 baths • 1499 sqft

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This property looks like a bad Mid-Term investment with a projected -2.21% first-year return on $79,950 initial cash invested.

-2.21%

Cash On Cash

6.01%

Cap Rate

0.98

DSCR

$2,860

Rent

-$147

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,860 income − $3,007 expenses = $147 out of pocket

Income$2,860Out of Pocket$147Mortgage P&I$1,51153%Property Taxes$40214%Insurance$1034%HOA$191%Management$34312%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31511%

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,950

Downpayment

20%

$59,000

Closing costs

1%

$2,950

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,860

Total Expenses

$3,007

Mortgage P&I

53%

$1,511

Property Taxes

14%

$402

Home Insurance

4%

$103

HOA

1%

$19

Property Management

12%

$343

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$315

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