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6011 Summer Holly Ln, Richmond, TX 77407

3 beds • 2 baths • 2228 sqft

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This property looks like a bad Mid-Term investment with a projected -4.83% first-year return on $99,879 initial cash invested.

-4.83%

Cash On Cash

5.05%

Cap Rate

0.86

DSCR

$3,576

Rent

-$402

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,879

Downpayment

20%

$77,980

Closing costs

1%

$3,899

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,576

Total Expenses

$3,978

Mortgage P&I

53%

$1,900

Property Taxes

19%

$667

Home Insurance

4%

$136

HOA

2%

$60

Property Management

12%

$429

CapEx

4%

$143

Vacancy

3%

$107

Maintenance

4%

$143

Other

11%

$393

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