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$3,352 (target)

3607 Pillar Cove Ln, Missouri City, TX 77459

3 beds • 2 baths • 2019 sqft

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This property looks like a bad Mid-Term investment with a projected -4.81% first-year return on $86,250 initial cash invested.

-4.81%

Cash On Cash

5.6%

Cap Rate

0.88

DSCR

$3,352

Rent

-$346

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,352 income − $3,698 expenses = $346 out of pocket

Income$3,352Out of Pocket$346Mortgage P&I$1,72952%Property Taxes$68020%Insurance$1143%HOA$351%Management$40212%CapEx$1344%Vacancy$1013%Maintenance$1344%Other$36911%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,352

Total Expenses

$3,698

Mortgage P&I

52%

$1,729

Property Taxes

20%

$680

Home Insurance

3%

$114

HOA

1%

$35

Property Management

12%

$402

CapEx

4%

$134

Vacancy

3%

$101

Maintenance

4%

$134

Other

11%

$369

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