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8805 Lakeshore Dr, Montgomery, TX 77316

3 beds • 2 baths • 2255 sqft

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This property looks like a bad Long-Term investment with a projected -10.78% first-year return on $73,500 initial cash invested.

-10.78%

Cash On Cash

3.87%

Cap Rate

0.67

DSCR

$2,040

Rent

-$660

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,040

Total Expenses

$2,700

Mortgage P&I

83%

$1,687

Property Taxes

17%

$348

Home Insurance

6%

$122

HOA

1%

$13

Property Management

10%

$204

CapEx

5%

$102

Vacancy

6%

$122

Maintenance

5%

$102

Other

0%

$0

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Comparable Property

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2020

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5

4

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0.6 mi

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$1,100

2

1

2020

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$2,850

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4

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