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23016 Glenwood Blvd, Hockley, TX 77447

3 beds • 2 baths • 2187 sqft

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This property looks like a bad Mid-Term investment with a projected -9.58% first-year return on $159k initial cash invested.

-9.58%

Cash On Cash

3.77%

Cap Rate

0.65

DSCR

$3,822

Rent

-$1,272

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$673k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$159k

Downpayment

20%

$135k

Closing costs

1%

$6,731

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,822

Total Expenses

$5,094

Mortgage P&I

85%

$3,233

Property Taxes

8%

$321

Home Insurance

6%

$240

HOA

0%

$0

Property Management

12%

$459

CapEx

4%

$153

Vacancy

3%

$115

Maintenance

4%

$153

Other

11%

$420

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