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23914 Spring Briar Ln, Spring, TX 77373

3 beds • 2 baths • 2440 sqft

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This property looks like a bad Long-Term investment with a projected -4.98% first-year return on $44,100 initial cash invested.

-4.98%

Cash On Cash

5.63%

Cap Rate

0.93

DSCR

$2,200

Rent

-$183

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$210k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,100

Downpayment

20%

$42,000

Closing costs

1%

$2,100

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,200

Total Expenses

$2,383

Mortgage P&I

48%

$1,058

Property Taxes

28%

$606

Home Insurance

3%

$74

HOA

3%

$73

Property Management

10%

$220

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

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