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$3,060 (target)

3040 Bryan Ave, Groves, TX 77619

3 beds • 2 baths • 2083 sqft

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This property could be a profitable Long-Term investment with a projected 58.63% first-year return on $27,405 initial cash invested.

58.63%

Cash On Cash

19.99%

Cap Rate

3.19

DSCR

$3,060

Rent

$1,339

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,060 income − $1,721 expenses = $1,339 cash flow

Income$3,060Mortgage P&I$68222%Property Taxes$1976%Insurance$462%Management$30610%CapEx$1535%Vacancy$1846%Maintenance$1535%Cash Flow$1,339

Investment Breakdown

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Purchase Price

$131k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,405

Downpayment

20%

$26,100

Closing costs

1%

$1,305

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,060

Total Expenses

$1,721

Mortgage P&I

22%

$682

Property Taxes

6%

$197

Home Insurance

2%

$46

HOA

0%

$0

Property Management

10%

$306

CapEx

5%

$153

Vacancy

6%

$184

Maintenance

5%

$153

Other

0%

$0

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