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$3,489 (target)

519 Oleander St, Lake Jackson, TX 77566

3 beds • 2 baths • 2126 sqft

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This property might be a fair Mid-Term investment with a projected 0.5% first-year return on $88,350 initial cash invested.

0.5%

Cash On Cash

6.67%

Cap Rate

1.11

DSCR

$3,489

Rent

$37

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,489 income − $3,452 expenses = $37 cash flow

Income$3,489Mortgage P&I$1,68548%Property Taxes$46213%Insurance$1173%Management$41912%CapEx$1404%Vacancy$1053%Maintenance$1404%Other$38411%Cash Flow$37

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,350

Downpayment

20%

$67,000

Closing costs

1%

$3,350

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,489

Total Expenses

$3,452

Mortgage P&I

48%

$1,685

Property Taxes

13%

$462

Home Insurance

3%

$117

HOA

0%

$0

Property Management

12%

$419

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$384

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