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$3,114 (target)

6302 Olson Ln, Pasadena, TX 77505

3 beds • 2 baths • 1901 sqft

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This property might be a fair Mid-Term investment with a projected 8.01% first-year return on $63,990 initial cash invested.

8.01%

Cash On Cash

9.4%

Cap Rate

1.47

DSCR

$3,114

Rent

$427

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,114 income − $2,687 expenses = $427 cash flow

Income$3,114Mortgage P&I$1,16337%Property Taxes$38712%Insurance$772%Management$37412%CapEx$1254%Vacancy$933%Maintenance$1254%Other$34311%Cash Flow$427

Investment Breakdown

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Purchase Price

$219k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,990

Downpayment

20%

$43,800

Closing costs

1%

$2,190

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,114

Total Expenses

$2,687

Mortgage P&I

37%

$1,163

Property Taxes

12%

$387

Home Insurance

2%

$77

HOA

0%

$0

Property Management

12%

$374

CapEx

4%

$125

Vacancy

3%

$93

Maintenance

4%

$125

Other

11%

$343

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