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$5,212 (target)

328 S Verne St, Rockport, TX 78382

3 beds • 2 baths • 1456 sqft

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This property could be a profitable Mid-Term investment with a projected 10.73% first-year return on $99,795 initial cash invested.

10.73%

Cash On Cash

9.35%

Cap Rate

1.57

DSCR

$5,212

Rent

$892

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,212 income − $4,320 expenses = $892 cash flow

Income$5,212Mortgage P&I$1,93537%Property Taxes$4799%Insurance$1363%Management$62512%CapEx$2084%Vacancy$1563%Maintenance$2084%Other$57311%Cash Flow$892

Investment Breakdown

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Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,795

Downpayment

20%

$77,900

Closing costs

1%

$3,895

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$5,212

Total Expenses

$4,320

Mortgage P&I

37%

$1,935

Property Taxes

9%

$479

Home Insurance

3%

$136

HOA

0%

$0

Property Management

12%

$625

CapEx

4%

$208

Vacancy

3%

$156

Maintenance

4%

$208

Other

11%

$573

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