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$3,352 (target)

302 11th Ave N, Texas City, TX 77590

3 beds • 3 baths • 1852 sqft

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This property might be a fair Mid-Term investment with a projected 4.15% first-year return on $75,393 initial cash invested.

4.15%

Cash On Cash

7.81%

Cap Rate

1.29

DSCR

$3,352

Rent

$261

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,352 income − $3,091 expenses = $261 cash flow

Income$3,352Mortgage P&I$1,38341%Property Taxes$47014%Insurance$983%Management$40212%CapEx$1344%Vacancy$1013%Maintenance$1344%Other$36911%Cash Flow$261

Investment Breakdown

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Purchase Price

$273k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,393

Downpayment

20%

$54,660

Closing costs

1%

$2,733

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,352

Total Expenses

$3,091

Mortgage P&I

41%

$1,383

Property Taxes

14%

$470

Home Insurance

3%

$98

HOA

0%

$0

Property Management

12%

$402

CapEx

4%

$134

Vacancy

3%

$101

Maintenance

4%

$134

Other

11%

$369

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