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$2,739 (target)

22522 Steel Blue Jaybird Dr, Hockley, TX 77447

3 beds • 2 baths • 1486 sqft

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This property looks like a bad Mid-Term investment with a projected -2.5% first-year return on $70,500 initial cash invested.

-2.5%

Cash On Cash

6.28%

Cap Rate

0.97

DSCR

$2,739

Rent

-$147

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,739 income − $2,886 expenses = $147 out of pocket

Income$2,739Out of Pocket$147Mortgage P&I$1,34649%Property Taxes$47417%Insurance$883%HOA$462%Management$32912%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30111%

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,739

Total Expenses

$2,886

Mortgage P&I

49%

$1,346

Property Taxes

17%

$474

Home Insurance

3%

$88

HOA

2%

$46

Property Management

12%

$329

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$301

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