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$2,996 (target)

3011 Heidfeld Lane, Converse, TX 78109

3 beds • 3 baths • 2026 sqft

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This property looks like a bad Mid-Term investment with a projected -6.45% first-year return on $88,978 initial cash invested.

-6.45%

Cash On Cash

5.12%

Cap Rate

0.8

DSCR

$2,996

Rent

-$478

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,996 income − $3,474 expenses = $478 out of pocket

Income$2,996Out of Pocket$478Mortgage P&I$1,79960%Property Taxes$49917%Insurance$1184%HOA$381%Management$36012%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33011%

Investment Breakdown

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Purchase Price

$338k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,978

Downpayment

20%

$67,598

Closing costs

1%

$3,380

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,996

Total Expenses

$3,474

Mortgage P&I

60%

$1,799

Property Taxes

17%

$499

Home Insurance

4%

$118

HOA

1%

$38

Property Management

12%

$360

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$330

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