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620 White Ibis Ave, Texas City, TX 77590

3 beds • 2 baths • 2148 sqft

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This property looks like a bad Long-Term investment with a projected -9.69% first-year return on $54,600 initial cash invested.

-9.69%

Cash On Cash

4.31%

Cap Rate

0.73

DSCR

$2,034

Rent

-$441

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,600

Downpayment

20%

$52,000

Closing costs

1%

$2,600

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,034

Total Expenses

$2,475

Mortgage P&I

63%

$1,272

Property Taxes

27%

$555

Home Insurance

4%

$91

HOA

1%

$28

Property Management

10%

$203

CapEx

5%

$102

Vacancy

6%

$122

Maintenance

5%

$102

Other

0%

$0

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