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831 Merrick Dr, Sugar Land, TX 77478

4 beds • 4 baths • 3113 sqft

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This property looks like a bad Long-Term investment with a projected -18.48% first-year return on $115k initial cash invested.

-18.48%

Cash On Cash

2.54%

Cap Rate

0.42

DSCR

$2,910

Rent

-$1,773

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$548k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$110k

Closing costs

1%

$5,482

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,910

Total Expenses

$4,683

Mortgage P&I

96%

$2,788

Property Taxes

30%

$884

Home Insurance

7%

$201

HOA

2%

$52

Property Management

10%

$291

CapEx

5%

$146

Vacancy

6%

$175

Maintenance

5%

$146

Other

0%

$0

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