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2468 Grove Ln, Brownsville, TX 78526

3 beds • 3 baths • 1750 sqft

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This property might be a fair Mid-Term investment with a projected 4.59% first-year return on $81,000 initial cash invested.

4.59%

Cash On Cash

7.66%

Cap Rate

1.31

DSCR

$3,576

Rent

$310

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,576

Total Expenses

$3,266

Mortgage P&I

41%

$1,462

Property Taxes

11%

$392

Home Insurance

3%

$105

HOA

3%

$92

Property Management

12%

$429

CapEx

4%

$143

Vacancy

3%

$107

Maintenance

4%

$143

Other

11%

$393

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