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2911 Meadowgrass Ln, Houston, TX 77082

3 beds • 3 baths • 2472 sqft

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This property looks like a bad Long-Term investment with a projected -3.77% first-year return on $59,220 initial cash invested.

-3.77%

Cash On Cash

5.44%

Cap Rate

0.95

DSCR

$2,460

Rent

-$186

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$282k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,220

Downpayment

20%

$56,400

Closing costs

1%

$2,820

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,460

Total Expenses

$2,646

Mortgage P&I

55%

$1,342

Property Taxes

21%

$524

Home Insurance

4%

$102

HOA

2%

$38

Property Management

10%

$246

CapEx

5%

$123

Vacancy

6%

$148

Maintenance

5%

$123

Other

0%

$0

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Comparable Property

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SQFT

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4

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1.3 mi

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2

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2

1

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5

4

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0.6 mi

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$1,100

2

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$2,850

5

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