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$3,464 (target)

2903 Michael Wayne Rd, Rosharon, TX 77583

3 beds • 3 baths • 1846 sqft

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This property looks like a bad Mid-Term investment with a projected -18.64% first-year return on $197k initial cash invested.

-18.64%

Cash On Cash

2.16%

Cap Rate

0.34

DSCR

$3,464

Rent

-$3,053

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,464 income − $6,517 expenses = $3,053 out of pocket

Income$3,464Out of Pocket$3,053Mortgage P&I$4,444128%Property Taxes$59617%Insurance$2989%Management$41612%CapEx$1394%Vacancy$1043%Maintenance$1394%Other$38111%

Investment Breakdown

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Purchase Price

$850k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$197k

Downpayment

20%

$170k

Closing costs

1%

$8,500

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,464

Total Expenses

$6,517

Mortgage P&I

128%

$4,444

Property Taxes

17%

$596

Home Insurance

9%

$298

HOA

0%

$0

Property Management

12%

$416

CapEx

4%

$139

Vacancy

3%

$104

Maintenance

4%

$139

Other

11%

$381

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