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908 Morningside Ct, Friendswood, TX 77546

3 beds • 2 baths • 1747 sqft

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This property might be a fair Mid-Term investment with a projected 3.47% first-year return on $83,100 initial cash invested.

3.47%

Cash On Cash

7.23%

Cap Rate

1.25

DSCR

$3,404

Rent

$240

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

$83,100

Downpayment

20%

$62,000

Closing costs

1%

$3,100

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,404

Total Expenses

$3,164

Mortgage P&I

44%

$1,492

Property Taxes

12%

$408

Home Insurance

3%

$108

HOA

0%

$0

Property Management

12%

$408

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$374

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