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$4,884 (target)

3205 Avenue K, Bay City, TX 77414

3 beds • 4 baths • 2387 sqft

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This property might be a fair Mid-Term investment with a projected 1.47% first-year return on $108k initial cash invested.

1.47%

Cash On Cash

7.09%

Cap Rate

1.15

DSCR

$4,884

Rent

$133

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,884 income − $4,751 expenses = $133 cash flow

Income$4,884Mortgage P&I$2,21845%Property Taxes$71515%Insurance$1583%Management$58612%CapEx$1954%Vacancy$1473%Maintenance$1954%Other$53711%Cash Flow$133

Investment Breakdown

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Purchase Price

$431k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$86,180

Closing costs

1%

$4,309

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,884

Total Expenses

$4,751

Mortgage P&I

45%

$2,218

Property Taxes

15%

$715

Home Insurance

3%

$158

HOA

0%

$0

Property Management

12%

$586

CapEx

4%

$195

Vacancy

3%

$147

Maintenance

4%

$195

Other

11%

$537

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