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908 Morningside Ct, Friendswood, TX 77546

3 beds • 2 baths • 1747 sqft

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This property looks like a bad Long-Term investment with a projected -6.05% first-year return on $65,100 initial cash invested.

-6.05%

Cash On Cash

4.94%

Cap Rate

0.86

DSCR

$2,269

Rent

-$328

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,100

Downpayment

20%

$62,000

Closing costs

1%

$3,100

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,269

Total Expenses

$2,597

Mortgage P&I

66%

$1,492

Property Taxes

18%

$408

Home Insurance

5%

$108

HOA

0%

$0

Property Management

10%

$227

CapEx

5%

$113

Vacancy

6%

$136

Maintenance

5%

$113

Other

0%

$0

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