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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 Long-Term investment with a projected -14.63% first-year return on $81,879 initial cash invested.

-14.63%

Cash On Cash

3.14%

Cap Rate

0.54

DSCR

$2,384

Rent

-$998

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

$81,879

Downpayment

20%

$77,980

Closing costs

1%

$3,899

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,384

Total Expenses

$3,382

Mortgage P&I

80%

$1,900

Property Taxes

28%

$667

Home Insurance

6%

$136

HOA

3%

$60

Property Management

10%

$238

CapEx

5%

$119

Vacancy

6%

$143

Maintenance

5%

$119

Other

0%

$0

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