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6002 Ranch Park Dr, Magnolia, TX 77354

3 beds • 2 baths • 1959 sqft

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This property looks like a bad Long-Term investment with a projected -22.42% first-year return on $157k initial cash invested.

-22.42%

Cash On Cash

1.21%

Cap Rate

0.21

DSCR

$2,260

Rent

-$2,939

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$749k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$157k

Downpayment

20%

$150k

Closing costs

1%

$7,490

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,260

Total Expenses

$5,199

Mortgage P&I

159%

$3,584

Property Taxes

32%

$732

Home Insurance

12%

$262

HOA

1%

$33

Property Management

10%

$226

CapEx

5%

$113

Vacancy

6%

$136

Maintenance

5%

$113

Other

0%

$0

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