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$2,448 (target)

2728 Cadiz Bay Dr, Conroe, TX 77301

3 beds • 2 baths • 1320 sqft

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This property might be a fair Mid-Term investment with a projected 3.18% first-year return on $65,250 initial cash invested.

3.18%

Cash On Cash

7.57%

Cap Rate

1.24

DSCR

$2,448

Rent

$173

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,448 income − $2,275 expenses = $173 cash flow

Income$2,448Mortgage P&I$1,14947%Property Taxes$1637%Insurance$793%HOA$522%Management$29412%CapEx$984%Vacancy$733%Maintenance$984%Other$26911%Cash Flow$173

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,448

Total Expenses

$2,275

Mortgage P&I

47%

$1,149

Property Taxes

7%

$163

Home Insurance

3%

$79

HOA

2%

$52

Property Management

12%

$294

CapEx

4%

$98

Vacancy

3%

$73

Maintenance

4%

$98

Other

11%

$269

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