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2214 Lierna Dr, La Marque, TX 77568

3 beds • 2 baths • 2016 sqft

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This property looks like a bad Mid-Term investment with a projected -3.01% first-year return on $92,550 initial cash invested.

-3.01%

Cash On Cash

5.79%

Cap Rate

0.96

DSCR

$4,138

Rent

-$232

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$355k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,550

Downpayment

20%

$71,000

Closing costs

1%

$3,550

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,138

Total Expenses

$4,370

Mortgage P&I

43%

$1,779

Property Taxes

23%

$942

Home Insurance

3%

$124

HOA

3%

$117

Property Management

12%

$497

CapEx

4%

$166

Vacancy

3%

$124

Maintenance

4%

$166

Other

11%

$455

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