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7187 Edgewater Dr, Willis, TX 77318

3 beds • 2 baths • 1751 sqft

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This property looks like a bad Mid-Term investment with a projected -3.97% first-year return on $84,612 initial cash invested.

-3.97%

Cash On Cash

5.22%

Cap Rate

0.9

DSCR

$2,967

Rent

-$280

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$317k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,612

Downpayment

20%

$63,440

Closing costs

1%

$3,172

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,967

Total Expenses

$3,247

Mortgage P&I

52%

$1,540

Property Taxes

18%

$538

Home Insurance

4%

$110

HOA

2%

$50

Property Management

12%

$356

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$326

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