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5615 Glenfield Spring Ln, Spring, TX 77389

3 beds • 2 baths • 1949 sqft

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This property looks like a bad Mid-Term investment with a projected -4.62% first-year return on $90,870 initial cash invested.

-4.62%

Cash On Cash

5.06%

Cap Rate

0.88

DSCR

$3,530

Rent

-$350

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$347k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,870

Downpayment

20%

$69,400

Closing costs

1%

$3,470

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,530

Total Expenses

$3,880

Mortgage P&I

47%

$1,672

Property Taxes

23%

$795

Home Insurance

3%

$121

HOA

3%

$92

Property Management

12%

$424

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$388

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