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$1,860 (target)

2429 9th St, Port Neches, TX 77651

3 beds • 2 baths • 1385 sqft

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This property looks like a bad Long-Term investment with a projected -6.94% first-year return on $47,229 initial cash invested.

-6.94%

Cash On Cash

5.37%

Cap Rate

0.85

DSCR

$1,860

Rent

-$273

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,860 income − $2,133 expenses = $273 out of pocket

Income$1,860Out of Pocket$273Mortgage P&I$1,18664%Property Taxes$38421%Insurance$794%Management$18610%CapEx$935%Vacancy$1126%Maintenance$935%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,229

Downpayment

20%

$44,980

Closing costs

1%

$2,249

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,860

Total Expenses

$2,133

Mortgage P&I

64%

$1,186

Property Taxes

21%

$384

Home Insurance

4%

$79

HOA

0%

$0

Property Management

10%

$186

CapEx

5%

$93

Vacancy

6%

$112

Maintenance

5%

$93

Other

0%

$0

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