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$4,264 (target)

40873 Wesson Ln, Magnolia, TX 77354

3 beds • 3 baths • 2817 sqft

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This property looks like a bad Mid-Term investment with a projected -14.55% first-year return on $159k initial cash invested.

-14.55%

Cash On Cash

3.4%

Cap Rate

0.52

DSCR

$4,264

Rent

-$1,924

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,264 income − $6,188 expenses = $1,924 out of pocket

Income$4,264Out of Pocket$1,924Mortgage P&I$3,65286%Property Taxes$81019%Insurance$2345%HOA$411%Management$51212%CapEx$1714%Vacancy$1283%Maintenance$1714%Other$46911%

Investment Breakdown

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Purchase Price

$670k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$159k

Downpayment

20%

$134k

Closing costs

1%

$6,699

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,264

Total Expenses

$6,188

Mortgage P&I

86%

$3,652

Property Taxes

19%

$810

Home Insurance

5%

$234

HOA

1%

$41

Property Management

12%

$512

CapEx

4%

$171

Vacancy

3%

$128

Maintenance

4%

$171

Other

11%

$469

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