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$3,142 (target)

3204 McKinney Dr, La Marque, TX 77568

3 beds • 3 baths • 2186 sqft

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This property looks like a bad Mid-Term investment with a projected -8.67% first-year return on $103k initial cash invested.

-8.67%

Cash On Cash

4.83%

Cap Rate

0.72

DSCR

$3,142

Rent

-$747

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,142 income − $3,889 expenses = $747 out of pocket

Income$3,142Out of Pocket$747Mortgage P&I$2,25872%Property Taxes$41513%Insurance$1475%Management$37712%CapEx$1264%Vacancy$943%Maintenance$1264%Other$34611%

Investment Breakdown

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Purchase Price

$407k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$81,380

Closing costs

1%

$4,069

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,142

Total Expenses

$3,889

Mortgage P&I

72%

$2,258

Property Taxes

13%

$415

Home Insurance

5%

$147

HOA

0%

$0

Property Management

12%

$377

CapEx

4%

$126

Vacancy

3%

$94

Maintenance

4%

$126

Other

11%

$346

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