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$2,933 (target)

8988 County Line Rd, Willis, TX 77378

3 beds • 3 baths • 3625 sqft

$1,900,000

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This property looks like a bad Long-Term investment with a projected -26.06% first-year return on $399k initial cash invested.

-26.06%

Cash On Cash

0.71%

Cap Rate

0.12

DSCR

$2,933

Rent

-$8,665

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,933 income − $11,598 expenses = $8,665 out of pocket

Income$2,933Out of Pocket$8,665Mortgage P&I$9,642329%Property Taxes$52818%Insurance$66523%Management$29310%CapEx$1475%Vacancy$1766%Maintenance$1475%

Investment Breakdown

|

Purchase Price

$1900k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$399k

Downpayment

20%

$380k

Closing costs

1%

$19,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,933

Total Expenses

$11,598

Mortgage P&I

329%

$9,642

Property Taxes

18%

$528

Home Insurance

23%

$665

HOA

0%

$0

Property Management

10%

$293

CapEx

5%

$147

Vacancy

6%

$176

Maintenance

5%

$147

Other

0%

$0

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