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$5,002 (target)

9403 Highland Pointe Dr, Needville, TX 77461

3 beds • 3 baths • 2061 sqft

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This property might be a fair Mid-Term investment with a projected 3% first-year return on $102k initial cash invested.

3%

Cash On Cash

7.73%

Cap Rate

1.22

DSCR

$5,002

Rent

$254

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,002 income − $4,748 expenses = $254 cash flow

Income$5,002Mortgage P&I$2,11042%Property Taxes$79316%Insurance$1393%HOA$6Management$60012%CapEx$2004%Vacancy$1503%Maintenance$2004%Other$55011%Cash Flow$254

Investment Breakdown

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Purchase Price

$398k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,600

Closing costs

1%

$3,980

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$5,002

Total Expenses

$4,748

Mortgage P&I

42%

$2,110

Property Taxes

16%

$793

Home Insurance

3%

$139

HOA

0%

$6

Property Management

12%

$600

CapEx

4%

$200

Vacancy

3%

$150

Maintenance

4%

$200

Other

11%

$550

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