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$2,949 (target)

2615 Roman Forest Blvd, New Caney, TX 77357

3 beds • 3 baths • 2158 sqft

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This property looks like a bad Mid-Term investment with a projected -11.79% first-year return on $99,018 initial cash invested.

-11.79%

Cash On Cash

3.51%

Cap Rate

0.57

DSCR

$2,949

Rent

-$973

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,949 income − $3,922 expenses = $973 out of pocket

Income$2,949Out of Pocket$973Mortgage P&I$1,98567%Property Taxes$79927%Insurance$1365%Management$35412%CapEx$1184%Vacancy$883%Maintenance$1184%Other$32411%

Investment Breakdown

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Purchase Price

$386k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,018

Downpayment

20%

$77,160

Closing costs

1%

$3,858

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,949

Total Expenses

$3,922

Mortgage P&I

67%

$1,985

Property Taxes

27%

$799

Home Insurance

5%

$136

HOA

0%

$0

Property Management

12%

$354

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$324

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