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$2,136 (target)

2020 Snider Ave, Port Arthur, TX 77642

3 beds • 2 baths • 1144 sqft

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This property could be a profitable Mid-Term investment with a projected 14.97% first-year return on $45,279 initial cash invested.

14.97%

Cash On Cash

12.18%

Cap Rate

1.97

DSCR

$2,136

Rent

$565

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,136 income − $1,571 expenses = $565 cash flow

Income$2,136Mortgage P&I$66931%Property Taxes$1316%Insurance$462%Management$25612%CapEx$854%Vacancy$643%Maintenance$854%Other$23511%Cash Flow$565

Investment Breakdown

|

Purchase Price

$130k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,279

Downpayment

20%

$25,980

Closing costs

1%

$1,299

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$2,136

Total Expenses

$1,571

Mortgage P&I

31%

$669

Property Taxes

6%

$131

Home Insurance

2%

$46

HOA

0%

$0

Property Management

12%

$256

CapEx

4%

$85

Vacancy

3%

$64

Maintenance

4%

$85

Other

11%

$235

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