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$3,080 (target)

370 Weimer Lagoon Rd, La Porte, TX 77571

3 beds • 2 baths • 1566 sqft

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This property looks like a bad Mid-Term investment with a projected -8.49% first-year return on $86,229 initial cash invested.

-8.49%

Cash On Cash

4.19%

Cap Rate

0.7

DSCR

$3,080

Rent

-$610

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,080 income − $3,690 expenses = $610 out of pocket

Income$3,080Out of Pocket$610Mortgage P&I$1,62253%Property Taxes$82427%Insurance$1144%HOA$833%Management$37012%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33911%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,229

Downpayment

20%

$64,980

Closing costs

1%

$3,249

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,080

Total Expenses

$3,690

Mortgage P&I

53%

$1,622

Property Taxes

27%

$824

Home Insurance

4%

$114

HOA

3%

$83

Property Management

12%

$370

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$339

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