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$3,189 (target)

4303 Fernside Dr, Pasadena, TX 77505

3 beds • 3 baths • 1660 sqft

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This property might be a fair Mid-Term investment with a projected 1.25% first-year return on $74,763 initial cash invested.

1.25%

Cash On Cash

6.94%

Cap Rate

1.15

DSCR

$3,189

Rent

$78

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,189 income − $3,111 expenses = $78 cash flow

Income$3,189Mortgage P&I$1,35743%Property Taxes$54217%Insurance$983%HOA$281%Management$38312%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35111%Cash Flow$78

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,763

Downpayment

20%

$54,060

Closing costs

1%

$2,703

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,189

Total Expenses

$3,111

Mortgage P&I

43%

$1,357

Property Taxes

17%

$542

Home Insurance

3%

$98

HOA

1%

$28

Property Management

12%

$383

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$351

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