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$2,846 (target)

23903 Grass Hook Ln, Hockley, TX 77447

3 beds • 2 baths • 1412 sqft

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This property looks like a bad Mid-Term investment with a projected -3.19% first-year return on $70,752 initial cash invested.

-3.19%

Cash On Cash

5.68%

Cap Rate

0.94

DSCR

$2,846

Rent

-$188

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,846 income − $3,034 expenses = $188 out of pocket

Income$2,846Out of Pocket$188Mortgage P&I$1,26344%Property Taxes$64223%Insurance$943%HOA$672%Management$34212%CapEx$1144%Vacancy$853%Maintenance$1144%Other$31311%

Investment Breakdown

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Purchase Price

$251k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,752

Downpayment

20%

$50,240

Closing costs

1%

$2,512

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,846

Total Expenses

$3,034

Mortgage P&I

44%

$1,263

Property Taxes

23%

$642

Home Insurance

3%

$94

HOA

2%

$67

Property Management

12%

$342

CapEx

4%

$114

Vacancy

3%

$85

Maintenance

4%

$114

Other

11%

$313

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