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 Long-Term investment with a projected -28.47% first-year return on $282k initial cash invested.
-28.47%
Cash On Cash
0.73%
Cap Rate
0.11
DSCR
$3,212
Rent
-$6,701
Cashflow
Cash Flow
$3,212 income − $9,913 expenses = $6,701 out of pocket
Investment Breakdown
|
Purchase Price
$1345k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$282k
Downpayment
20%
$269k
Closing costs
1%
$13,450
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,212
Total Expenses
$9,913
Mortgage P&I
229%
$7,354
Property Taxes
38%
$1,210
Home Insurance
15%
$471
HOA
1%
$42
Property Management
10%
$321
CapEx
5%
$161
Vacancy
6%
$193
Maintenance
5%
$161
Other
0%
$0