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$3,178 (target)

54 Wrens Song Pl, Spring, TX 77382

3 beds • 2 baths • 1741 sqft

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This property looks like a bad Mid-Term investment with a projected -8.45% first-year return on $104k initial cash invested.

-8.45%

Cash On Cash

4.3%

Cap Rate

0.71

DSCR

$3,178

Rent

-$735

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,178 income − $3,913 expenses = $735 out of pocket

Income$3,178Out of Pocket$735Mortgage P&I$2,08266%Property Taxes$60419%Insurance$1475%Management$38112%CapEx$1274%Vacancy$953%Maintenance$1274%Other$35011%

Investment Breakdown

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Purchase Price

$411k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$82,280

Closing costs

1%

$4,114

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,178

Total Expenses

$3,913

Mortgage P&I

66%

$2,082

Property Taxes

19%

$604

Home Insurance

5%

$147

HOA

0%

$0

Property Management

12%

$381

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$350

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