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3211 Ivory Pointe Dr, League City, TX 77573

4 beds • 2 baths • 2017 sqft

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This property looks like a bad Long-Term investment with a projected -10.3% first-year return on $76,650 initial cash invested.

-10.3%

Cash On Cash

4.28%

Cap Rate

0.71

DSCR

$2,470

Rent

-$658

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,650

Downpayment

20%

$73,000

Closing costs

1%

$3,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,470

Total Expenses

$3,128

Mortgage P&I

74%

$1,835

Property Taxes

19%

$465

Home Insurance

5%

$128

HOA

2%

$57

Property Management

10%

$247

CapEx

5%

$124

Vacancy

6%

$148

Maintenance

5%

$124

Other

0%

$0

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