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2426 Spellbrook Ct, League City, TX 77573

3 beds • 2 baths • 2191 sqft

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This property looks like a bad Mid-Term investment with a projected -8.03% first-year return on $142k initial cash invested.

-8.03%

Cash On Cash

4.21%

Cap Rate

0.73

DSCR

$4,340

Rent

-$948

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$589k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$118k

Closing costs

1%

$5,890

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,340

Total Expenses

$5,288

Mortgage P&I

65%

$2,841

Property Taxes

16%

$698

Home Insurance

5%

$206

HOA

2%

$67

Property Management

12%

$521

CapEx

4%

$174

Vacancy

3%

$130

Maintenance

4%

$174

Other

11%

$477

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