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$4,155 (target)

32047 S Wiggins St, Magnolia, TX 77355

3 beds • 2 baths • 1707 sqft

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This property might be a fair Mid-Term investment with a projected 4.89% first-year return on $92,256 initial cash invested.

4.89%

Cash On Cash

7.79%

Cap Rate

1.31

DSCR

$4,155

Rent

$376

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,155 income − $3,779 expenses = $376 cash flow

Income$4,155Mortgage P&I$1,75342%Property Taxes$48712%Insurance$1263%Management$49912%CapEx$1664%Vacancy$1253%Maintenance$1664%Other$45711%Cash Flow$376

Investment Breakdown

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Purchase Price

$354k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,256

Downpayment

20%

$70,720

Closing costs

1%

$3,536

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,155

Total Expenses

$3,779

Mortgage P&I

42%

$1,753

Property Taxes

12%

$487

Home Insurance

3%

$126

HOA

0%

$0

Property Management

12%

$499

CapEx

4%

$166

Vacancy

3%

$125

Maintenance

4%

$166

Other

11%

$457

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