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$2,892 (target)

22426 Toronado Ridge Ln, Porter, TX 77365

3 beds • 2 baths • 1611 sqft

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This property looks like a bad Mid-Term investment with a projected -1.77% first-year return on $72,579 initial cash invested.

-1.77%

Cash On Cash

6.03%

Cap Rate

1.01

DSCR

$2,892

Rent

-$107

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,892 income − $2,999 expenses = $107 out of pocket

Income$2,892Out of Pocket$107Mortgage P&I$1,29645%Property Taxes$56119%Insurance$913%HOA$672%Management$34712%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31811%

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,579

Downpayment

20%

$51,980

Closing costs

1%

$2,599

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,892

Total Expenses

$2,999

Mortgage P&I

45%

$1,296

Property Taxes

19%

$561

Home Insurance

3%

$91

HOA

2%

$67

Property Management

12%

$347

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$318

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