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$4,117 (target)

34310 High Point Dr, Magnolia, TX 77355

3 beds • 3 baths • 3352 sqft

$1,099,999

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This property looks like a bad Long-Term investment with a projected -20.11% first-year return on $231k initial cash invested.

-20.11%

Cash On Cash

2.02%

Cap Rate

0.34

DSCR

$4,117

Rent

-$3,872

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,117 income − $7,989 expenses = $3,872 out of pocket

Income$4,117Out of Pocket$3,872Mortgage P&I$5,515134%Property Taxes$96423%Insurance$3859%HOA$541%Management$41210%CapEx$2065%Vacancy$2476%Maintenance$2065%

Investment Breakdown

|

Purchase Price

$1100k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$231k

Downpayment

20%

$220k

Closing costs

1%

$11,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,117

Total Expenses

$7,989

Mortgage P&I

134%

$5,515

Property Taxes

23%

$964

Home Insurance

9%

$385

HOA

1%

$54

Property Management

10%

$412

CapEx

5%

$206

Vacancy

6%

$247

Maintenance

5%

$206

Other

0%

$0

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