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$4,501 (target)

700 E 9th St, Houston, TX 77007

3 beds • 2 baths • 2541 sqft

$1,232,600

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This property looks like a bad Long-Term investment with a projected -26.39% first-year return on $259k initial cash invested.

-26.39%

Cash On Cash

0.78%

Cap Rate

0.13

DSCR

$4,501

Rent

-$5,693

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,501 income − $10,194 expenses = $5,693 out of pocket

Income$4,501Out of Pocket$5,693Mortgage P&I$6,273139%Property Taxes$2,29851%Insurance$45310%Management$45010%CapEx$2255%Vacancy$2706%Maintenance$2255%

Investment Breakdown

|

Purchase Price

$1233k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$259k

Downpayment

20%

$247k

Closing costs

1%

$12,326

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,501

Total Expenses

$10,194

Mortgage P&I

139%

$6,273

Property Taxes

51%

$2,298

Home Insurance

10%

$453

HOA

0%

$0

Property Management

10%

$450

CapEx

5%

$225

Vacancy

6%

$270

Maintenance

5%

$225

Other

0%

$0

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