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3805 Meadowlake Rd, Pasadena, TX 77503

3 beds • 2 baths • 1143 sqft

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This property could be a profitable Mid-Term investment with a projected 10.06% first-year return on $51,180 initial cash invested.

10.06%

Cash On Cash

10.09%

Cap Rate

1.65

DSCR

$2,392

Rent

$429

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

$51,180

Downpayment

20%

$31,600

Closing costs

1%

$1,580

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,392

Total Expenses

$1,963

Mortgage P&I

34%

$803

Property Taxes

12%

$291

Home Insurance

2%

$55

HOA

0%

$0

Property Management

12%

$287

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$263

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