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6622 Dillon Dr, Magnolia, TX 77354

3 beds • 3 baths • 1896 sqft

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This property looks like a bad Mid-Term investment with a projected -2.23% first-year return on $88,329 initial cash invested.

-2.23%

Cash On Cash

5.79%

Cap Rate

0.98

DSCR

$3,076

Rent

-$164

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,329

Downpayment

20%

$66,980

Closing costs

1%

$3,349

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,076

Total Expenses

$3,240

Mortgage P&I

54%

$1,657

Property Taxes

13%

$389

Home Insurance

4%

$117

HOA

1%

$32

Property Management

12%

$369

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$338

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