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$3,921 (target)

416 Magnolia Way, League City, TX 77573

3 beds • 2 baths • 2161 sqft

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This property might be a fair Mid-Term investment with a projected 5.46% first-year return on $84,549 initial cash invested.

5.46%

Cash On Cash

8.23%

Cap Rate

1.33

DSCR

$3,921

Rent

$385

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,921 income − $3,536 expenses = $385 cash flow

Income$3,921Mortgage P&I$1,63242%Property Taxes$41311%Insurance$1173%HOA$401%Management$47112%CapEx$1574%Vacancy$1183%Maintenance$1574%Other$43111%Cash Flow$385

Investment Breakdown

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Purchase Price

$317k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,549

Downpayment

20%

$63,380

Closing costs

1%

$3,169

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,921

Total Expenses

$3,536

Mortgage P&I

42%

$1,632

Property Taxes

11%

$413

Home Insurance

3%

$117

HOA

1%

$40

Property Management

12%

$471

CapEx

4%

$157

Vacancy

3%

$118

Maintenance

4%

$157

Other

11%

$431

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