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2115 Summer Gardens Ln, Katy, TX 77493

3 beds • 2 baths • 2479 sqft

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This property looks like a bad Mid-Term investment with a projected -7.99% first-year return on $120k initial cash invested.

-7.99%

Cash On Cash

4.36%

Cap Rate

0.74

DSCR

$4,510

Rent

-$798

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$485k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$96,980

Closing costs

1%

$4,849

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,510

Total Expenses

$5,308

Mortgage P&I

53%

$2,380

Property Taxes

25%

$1,126

Home Insurance

4%

$170

HOA

2%

$100

Property Management

12%

$541

CapEx

4%

$180

Vacancy

3%

$135

Maintenance

4%

$180

Other

11%

$496

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