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$1,986 (target)

2206 Nueces St, Mission, TX 78572

3 beds • 2 baths • 1120 sqft

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This property might be a fair Mid-Term investment with a projected 5.36% first-year return on $50,550 initial cash invested.

5.36%

Cash On Cash

8.52%

Cap Rate

1.38

DSCR

$1,986

Rent

$226

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,986 income − $1,760 expenses = $226 cash flow

Income$1,986Mortgage P&I$79640%Property Taxes$23612%Insurance$543%Management$23812%CapEx$794%Vacancy$603%Maintenance$794%Other$21811%Cash Flow$226

Investment Breakdown

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Purchase Price

$155k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,550

Downpayment

20%

$31,000

Closing costs

1%

$1,550

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,986

Total Expenses

$1,760

Mortgage P&I

40%

$796

Property Taxes

12%

$236

Home Insurance

3%

$54

HOA

0%

$0

Property Management

12%

$238

CapEx

4%

$79

Vacancy

3%

$60

Maintenance

4%

$79

Other

11%

$218

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