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21718 Grassy Hill Ln, Spring, TX 77388

3 beds • 2 baths • 1632 sqft

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This property looks like a bad Mid-Term investment with a projected -0.86% first-year return on $65,250 initial cash invested.

-0.86%

Cash On Cash

6.35%

Cap Rate

1.05

DSCR

$2,552

Rent

-$47

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,552

Total Expenses

$2,599

Mortgage P&I

44%

$1,135

Property Taxes

18%

$465

Home Insurance

3%

$79

HOA

2%

$52

Property Management

12%

$306

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$281

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