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$3,264 (target)

2916 11th St, Orange, TX 77630

3 beds • 2 baths • 1782 sqft

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This property might be a fair Mid-Term investment with a projected 9.35% first-year return on $39,000 initial cash invested.

9.35%

Cash On Cash

11.69%

Cap Rate

1.81

DSCR

$3,264

Rent

$304

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,264 income − $2,960 expenses = $304 cash flow

Income$3,264Mortgage P&I$53917%Property Taxes$1,27539%Insurance$351%Management$39212%CapEx$1314%Vacancy$983%Maintenance$1314%Other$35911%Cash Flow$304

Investment Breakdown

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Purchase Price

$100,000

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,000

Downpayment

20%

$20,000

Closing costs

1%

$1,000

Rehab

0%

$0

Furnishing

18%

$18,000

Cashflow

Total Income

$3,264

Total Expenses

$2,960

Mortgage P&I

17%

$539

Property Taxes

39%

$1,275

Home Insurance

1%

$35

HOA

0%

$0

Property Management

12%

$392

CapEx

4%

$131

Vacancy

3%

$98

Maintenance

4%

$131

Other

11%

$359

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