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27019 Concho Trl, Magnolia, TX 77355

3 beds • 3 baths • 2552 sqft

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This property looks like a bad Long-Term investment with a projected -18.57% first-year return on $103k initial cash invested.

-18.57%

Cash On Cash

2.13%

Cap Rate

0.37

DSCR

$2,040

Rent

-$1,592

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$490k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$97,980

Closing costs

1%

$4,899

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,040

Total Expenses

$3,632

Mortgage P&I

116%

$2,361

Property Taxes

27%

$554

Home Insurance

8%

$172

HOA

1%

$15

Property Management

10%

$204

CapEx

5%

$102

Vacancy

6%

$122

Maintenance

5%

$102

Other

0%

$0

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