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$2,900 (target)

419 W 30th St, Houston, TX 77018

3 beds • 3 baths • 3050 sqft

$1,249,500

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This property looks like a bad Mid-Term investment with a projected -27.57% first-year return on $280k initial cash invested.

-27.57%

Cash On Cash

0.02%

Cap Rate

0

DSCR

$2,900

Rent

-$6,441

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,900 income − $9,341 expenses = $6,441 out of pocket

Income$2,900Out of Pocket$6,441Mortgage P&I$6,344219%Property Taxes$1,57254%Insurance$43715%HOA$2Management$34812%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31911%

Investment Breakdown

|

Purchase Price

$1250k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$280k

Downpayment

20%

$250k

Closing costs

1%

$12,495

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$2,900

Total Expenses

$9,341

Mortgage P&I

219%

$6,344

Property Taxes

54%

$1,572

Home Insurance

15%

$437

HOA

0%

$2

Property Management

12%

$348

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$319

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