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$2,942 (target)

2519 Colonial Ridge Dr, Friendswood, TX 77546

3 beds • 2 baths • 1557 sqft

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This property might be a fair Mid-Term investment with a projected 1.25% first-year return on $71,193 initial cash invested.

1.25%

Cash On Cash

7.18%

Cap Rate

1.15

DSCR

$2,942

Rent

$74

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,942 income − $2,868 expenses = $74 cash flow

Income$2,942Mortgage P&I$1,32345%Property Taxes$44115%Insurance$903%HOA$13Management$35312%CapEx$1184%Vacancy$883%Maintenance$1184%Other$32411%Cash Flow$74

Investment Breakdown

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Purchase Price

$253k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,193

Downpayment

20%

$50,660

Closing costs

1%

$2,533

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,942

Total Expenses

$2,868

Mortgage P&I

45%

$1,323

Property Taxes

15%

$441

Home Insurance

3%

$90

HOA

0%

$13

Property Management

12%

$353

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$324

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