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$3,532 (target)

3827 Clobourne Crossing Ln, Friendswood, TX 77546

3 beds • 3 baths • 2353 sqft

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This property looks like a bad Mid-Term investment with a projected -6.77% first-year return on $97,779 initial cash invested.

-6.77%

Cash On Cash

5.36%

Cap Rate

0.81

DSCR

$3,532

Rent

-$552

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,532 income − $4,084 expenses = $552 out of pocket

Income$3,532Out of Pocket$552Mortgage P&I$2,10960%Property Taxes$59517%Insurance$1334%HOA$461%Management$42412%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38911%

Investment Breakdown

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Purchase Price

$380k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,779

Downpayment

20%

$75,980

Closing costs

1%

$3,799

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,532

Total Expenses

$4,084

Mortgage P&I

60%

$2,109

Property Taxes

17%

$595

Home Insurance

4%

$133

HOA

1%

$46

Property Management

12%

$424

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$389

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