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$3,854 (target)

3823 Singing Flower Ln, Richmond, TX 77406

3 beds • 3 baths • 2439 sqft

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This property might be a fair Mid-Term investment with a projected 3.71% first-year return on $92,550 initial cash invested.

3.71%

Cash On Cash

7.51%

Cap Rate

1.25

DSCR

$3,854

Rent

$286

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,854 income − $3,568 expenses = $286 cash flow

Income$3,854Mortgage P&I$1,78146%Property Taxes$2998%Insurance$1243%HOA$541%Management$46212%CapEx$1544%Vacancy$1163%Maintenance$1544%Other$42411%Cash Flow$286

Investment Breakdown

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Purchase Price

$355k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,550

Downpayment

20%

$71,000

Closing costs

1%

$3,550

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,854

Total Expenses

$3,568

Mortgage P&I

46%

$1,781

Property Taxes

8%

$299

Home Insurance

3%

$124

HOA

1%

$54

Property Management

12%

$462

CapEx

4%

$154

Vacancy

3%

$116

Maintenance

4%

$154

Other

11%

$424

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