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$2,766 (target)

2019 Southwood Dr, New Caney, TX 77357

3 beds • 2 baths • 1602 sqft

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This property might be a fair Mid-Term investment with a projected 2.88% first-year return on $62,184 initial cash invested.

2.88%

Cash On Cash

8.2%

Cap Rate

1.22

DSCR

$2,766

Rent

$149

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,766 income − $2,617 expenses = $149 cash flow

Income$2,766Mortgage P&I$1,17843%Property Taxes$42315%Insurance$753%Management$33212%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30411%Cash Flow$149

Investment Breakdown

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Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,184

Downpayment

20%

$42,080

Closing costs

1%

$2,104

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,766

Total Expenses

$2,617

Mortgage P&I

43%

$1,178

Property Taxes

15%

$423

Home Insurance

3%

$75

HOA

0%

$0

Property Management

12%

$332

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$304

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