8104 High Meadow Ridge Ct, Montgomery, TX 77316
3 beds • 4 baths • 3575 sqft
$1,345,000
View on ZillowThis property looks like a bad Mid-Term investment with a projected -23.56% first-year return on $300k initial cash invested.
-23.56%
Cash On Cash
1.47%
Cap Rate
0.22
DSCR
$4,818
Rent
-$5,898
Cashflow
Cash Flow
$4,818 income − $10,716 expenses = $5,898 out of pocket
Investment Breakdown
|
Purchase Price
$1345k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$300k
Downpayment
20%
$269k
Closing costs
1%
$13,450
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$4,818
Total Expenses
$10,716
Mortgage P&I
153%
$7,354
Property Taxes
25%
$1,210
Home Insurance
10%
$471
HOA
1%
$42
Property Management
12%
$578
CapEx
4%
$193
Vacancy
3%
$145
Maintenance
4%
$193
Other
11%
$530