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$2,734 (target)

702 S 2nd St, La Porte, TX 77571

3 beds • 2 baths • 1210 sqft

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This property might be a fair Mid-Term investment with a projected 3.88% first-year return on $65,250 initial cash invested.

3.88%

Cash On Cash

8.06%

Cap Rate

1.27

DSCR

$2,734

Rent

$211

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,734 income − $2,523 expenses = $211 cash flow

Income$2,734Mortgage P&I$1,19144%Property Taxes$32412%Insurance$793%Management$32812%CapEx$1094%Vacancy$823%Maintenance$1094%Other$30111%Cash Flow$211

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,734

Total Expenses

$2,523

Mortgage P&I

44%

$1,191

Property Taxes

12%

$324

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$328

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$301

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