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$2,756 (target)

366 Saltford Pl, Horizon City, TX 79928

3 beds • 2 baths • sqft

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This property looks like a bad Mid-Term investment with a projected -3.66% first-year return on $75,645 initial cash invested.

-3.66%

Cash On Cash

5.51%

Cap Rate

0.91

DSCR

$2,756

Rent

-$231

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,756 income − $2,987 expenses = $231 out of pocket

Income$2,756Out of Pocket$231Mortgage P&I$1,38150%Property Taxes$57321%Insurance$963%Management$33112%CapEx$1104%Vacancy$833%Maintenance$1104%Other$30311%

Investment Breakdown

|

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,645

Downpayment

20%

$54,900

Closing costs

1%

$2,745

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,756

Total Expenses

$2,987

Mortgage P&I

50%

$1,381

Property Taxes

21%

$573

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$331

CapEx

4%

$110

Vacancy

3%

$83

Maintenance

4%

$110

Other

11%

$303

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