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3805 Meadowlake Rd, Pasadena, TX 77503

3 beds • 2 baths • 1143 sqft

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This property might be a fair Long-Term investment with a projected 1.08% first-year return on $33,180 initial cash invested.

1.08%

Cash On Cash

6.93%

Cap Rate

1.14

DSCR

$1,595

Rent

$30

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$158k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,180

Downpayment

20%

$31,600

Closing costs

1%

$1,580

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,595

Total Expenses

$1,565

Mortgage P&I

50%

$803

Property Taxes

18%

$291

Home Insurance

3%

$55

HOA

0%

$0

Property Management

10%

$160

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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