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$3,903 (target)

32014 McKinley Run Dr, Hockley, TX 77447

3 beds • 2 baths • 2328 sqft

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This property looks like a bad Mid-Term investment with a projected -2.1% first-year return on $90,429 initial cash invested.

-2.1%

Cash On Cash

6.04%

Cap Rate

1

DSCR

$3,903

Rent

-$158

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,903 income − $4,061 expenses = $158 out of pocket

Income$3,903Out of Pocket$158Mortgage P&I$1,73945%Property Taxes$78920%Insurance$1283%HOA$792%Management$46812%CapEx$1564%Vacancy$1173%Maintenance$1564%Other$42911%

Investment Breakdown

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Purchase Price

$345k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,429

Downpayment

20%

$68,980

Closing costs

1%

$3,449

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,903

Total Expenses

$4,061

Mortgage P&I

45%

$1,739

Property Taxes

20%

$789

Home Insurance

3%

$128

HOA

2%

$79

Property Management

12%

$468

CapEx

4%

$156

Vacancy

3%

$117

Maintenance

4%

$156

Other

11%

$429

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