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$4,626 (target)

28030 Betka Rd, Hockley, TX 77447

3 beds • 3 baths • 3223 sqft

$2,999,000

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This property looks like a bad Mid-Term investment with a projected -28.06% first-year return on $648k initial cash invested.

-28.06%

Cash On Cash

0.57%

Cap Rate

0.09

DSCR

$4,626

Rent

-$15,147

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,626 income − $19,773 expenses = $15,147 out of pocket

Income$4,626Out of Pocket$15,147Mortgage P&I$16,398354%Property Taxes$75216%Insurance$1,05023%Management$55512%CapEx$1854%Vacancy$1393%Maintenance$1854%Other$50911%

Investment Breakdown

|

Purchase Price

$2999k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$648k

Downpayment

20%

$600k

Closing costs

1%

$29,990

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,626

Total Expenses

$19,773

Mortgage P&I

354%

$16,398

Property Taxes

16%

$752

Home Insurance

23%

$1,050

HOA

0%

$0

Property Management

12%

$555

CapEx

4%

$185

Vacancy

3%

$139

Maintenance

4%

$185

Other

11%

$509

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