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$3,552 (target)

2431 Postoak Ln, Groves, TX 77619

3 beds • 2 baths • 1954 sqft

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This property might be a fair Mid-Term investment with a projected 2.97% first-year return on $79,950 initial cash invested.

2.97%

Cash On Cash

7.29%

Cap Rate

1.23

DSCR

$3,552

Rent

$198

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,552 income − $3,354 expenses = $198 cash flow

Income$3,552Mortgage P&I$1,45341%Property Taxes$59017%Insurance$1033%Management$42612%CapEx$1424%Vacancy$1073%Maintenance$1424%Other$39111%Cash Flow$198

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,950

Downpayment

20%

$59,000

Closing costs

1%

$2,950

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,552

Total Expenses

$3,354

Mortgage P&I

41%

$1,453

Property Taxes

17%

$590

Home Insurance

3%

$103

HOA

0%

$0

Property Management

12%

$426

CapEx

4%

$142

Vacancy

3%

$107

Maintenance

4%

$142

Other

11%

$391

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