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2602 Reynolds St, Laredo, TX 78043

3 beds • 5 baths • 2951 sqft

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This property looks like a bad Long-Term investment with a projected -12.77% first-year return on $69,279 initial cash invested.

-12.77%

Cash On Cash

3.48%

Cap Rate

0.6

DSCR

$2,106

Rent

-$737

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,279

Downpayment

20%

$65,980

Closing costs

1%

$3,299

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,106

Total Expenses

$2,843

Mortgage P&I

75%

$1,589

Property Taxes

28%

$591

Home Insurance

6%

$116

HOA

0%

$0

Property Management

10%

$211

CapEx

5%

$105

Vacancy

6%

$126

Maintenance

5%

$105

Other

0%

$0

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