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$2,859 (target)

2023 E Lake Dr, Huntsville, TX 77340

3 beds • 2 baths • 1753 sqft

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This property looks like a bad Mid-Term investment with a projected -7.1% first-year return on $76,779 initial cash invested.

-7.1%

Cash On Cash

5.12%

Cap Rate

0.78

DSCR

$2,859

Rent

-$454

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,859 income − $3,313 expenses = $454 out of pocket

Income$2,859Out of Pocket$454Mortgage P&I$1,53454%Property Taxes$46016%Insurance$983%HOA$2509%Management$34312%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31411%

Investment Breakdown

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Purchase Price

$280k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,779

Downpayment

20%

$55,980

Closing costs

1%

$2,799

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,859

Total Expenses

$3,313

Mortgage P&I

54%

$1,534

Property Taxes

16%

$460

Home Insurance

3%

$98

HOA

9%

$250

Property Management

12%

$343

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$314

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