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$2,672 (target)

21315 Crimson Orchard Dr, Hockley, TX 77447

3 beds • 2 baths • 1414 sqft

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This property might be a fair Mid-Term investment with a projected 2.46% first-year return on $58,950 initial cash invested.

2.46%

Cash On Cash

7.54%

Cap Rate

1.23

DSCR

$2,672

Rent

$121

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,672 income − $2,551 expenses = $121 cash flow

Income$2,672Mortgage P&I$99837%Property Taxes$52920%Insurance$683%HOA$472%Management$32112%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29411%Cash Flow$121

Investment Breakdown

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Purchase Price

$195k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,950

Downpayment

20%

$39,000

Closing costs

1%

$1,950

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,672

Total Expenses

$2,551

Mortgage P&I

37%

$998

Property Taxes

20%

$529

Home Insurance

3%

$68

HOA

2%

$47

Property Management

12%

$321

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$294

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