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$4,590 (target)

3040 Bryan Ave, Groves, TX 77619

3 beds • 2 baths • 2083 sqft

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This property could be a profitable Mid-Term investment with a projected 55.58% first-year return on $45,405 initial cash invested.

55.58%

Cash On Cash

27.3%

Cap Rate

4.35

DSCR

$4,590

Rent

$2,103

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,590 income − $2,487 expenses = $2,103 cash flow

Income$4,590Mortgage P&I$68215%Property Taxes$1974%Insurance$461%Management$55112%CapEx$1844%Vacancy$1383%Maintenance$1844%Other$50511%Cash Flow$2,103

Investment Breakdown

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Purchase Price

$131k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,405

Downpayment

20%

$26,100

Closing costs

1%

$1,305

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$4,590

Total Expenses

$2,487

Mortgage P&I

15%

$682

Property Taxes

4%

$197

Home Insurance

1%

$46

HOA

0%

$0

Property Management

12%

$551

CapEx

4%

$184

Vacancy

3%

$138

Maintenance

4%

$184

Other

11%

$505

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