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$2,053 (target)

7318 Audubon Russet Dr, Richmond, TX 77469

3 beds • 2 baths • 1605 sqft

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This property looks like a bad Long-Term investment with a projected -17.67% first-year return on $68,250 initial cash invested.

-17.67%

Cash On Cash

2.85%

Cap Rate

0.46

DSCR

$2,053

Rent

-$1,005

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,053 income − $3,058 expenses = $1,005 out of pocket

Income$2,053Out of Pocket$1,005Mortgage P&I$1,67381%Property Taxes$68333%Insurance$1146%HOA$543%Management$20510%CapEx$1035%Vacancy$1236%Maintenance$1035%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,053

Total Expenses

$3,058

Mortgage P&I

81%

$1,673

Property Taxes

33%

$683

Home Insurance

6%

$114

HOA

3%

$54

Property Management

10%

$205

CapEx

5%

$103

Vacancy

6%

$123

Maintenance

5%

$103

Other

0%

$0

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