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2334 Trail Wood Ln, Richmond, TX 77406

3 beds • 2 baths • 1534 sqft

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This property looks like a bad Long-Term investment with a projected -4.85% first-year return on $45,990 initial cash invested.

-4.85%

Cash On Cash

5.47%

Cap Rate

0.92

DSCR

$1,921

Rent

-$186

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$219k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,990

Downpayment

20%

$43,800

Closing costs

1%

$2,190

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,921

Total Expenses

$2,107

Mortgage P&I

57%

$1,088

Property Taxes

22%

$426

Home Insurance

4%

$77

HOA

1%

$17

Property Management

10%

$192

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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