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$3,934 (target)

415 Morningside Dr, Friendswood, TX 77546

3 beds • 2 baths • 1698 sqft

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This property could be a profitable Mid-Term investment with a projected 12.24% first-year return on $73,650 initial cash invested.

12.24%

Cash On Cash

10.36%

Cap Rate

1.66

DSCR

$3,934

Rent

$751

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,934 income − $3,183 expenses = $751 cash flow

Income$3,934Mortgage P&I$1,38035%Property Taxes$3739%Insurance$932%Management$47212%CapEx$1574%Vacancy$1183%Maintenance$1574%Other$43311%Cash Flow$751

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,934

Total Expenses

$3,183

Mortgage P&I

35%

$1,380

Property Taxes

9%

$373

Home Insurance

2%

$93

HOA

0%

$0

Property Management

12%

$472

CapEx

4%

$157

Vacancy

3%

$118

Maintenance

4%

$157

Other

11%

$433

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