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$2,790 (target)

2429 9th St, Port Neches, TX 77651

3 beds • 2 baths • 1385 sqft

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This property might be a fair Mid-Term investment with a projected 3.51% first-year return on $65,229 initial cash invested.

3.51%

Cash On Cash

7.94%

Cap Rate

1.26

DSCR

$2,790

Rent

$191

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,790 income − $2,599 expenses = $191 cash flow

Income$2,790Mortgage P&I$1,18643%Property Taxes$38414%Insurance$793%Management$33512%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30711%Cash Flow$191

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,229

Downpayment

20%

$44,980

Closing costs

1%

$2,249

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,790

Total Expenses

$2,599

Mortgage P&I

43%

$1,186

Property Taxes

14%

$384

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$335

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$307

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