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$5,950 (target)

3603 Paseo Royale Blvd, Richmond, TX 77406

3 beds • 3 baths • 3246 sqft

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This property looks like a bad Mid-Term investment with a projected -3.53% first-year return on $157k initial cash invested.

-3.53%

Cash On Cash

5.51%

Cap Rate

0.93

DSCR

$5,950

Rent

-$461

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,950 income − $6,411 expenses = $461 out of pocket

Income$5,950Out of Pocket$461Mortgage P&I$3,25955%Property Taxes$81414%Insurance$2364%HOA$801%Management$71412%CapEx$2384%Vacancy$1783%Maintenance$2384%Other$65411%

Investment Breakdown

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Purchase Price

$661k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$157k

Downpayment

20%

$132k

Closing costs

1%

$6,609

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,950

Total Expenses

$6,411

Mortgage P&I

55%

$3,259

Property Taxes

14%

$814

Home Insurance

4%

$236

HOA

1%

$80

Property Management

12%

$714

CapEx

4%

$238

Vacancy

3%

$178

Maintenance

4%

$238

Other

11%

$654

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