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$2,349 (target)

963 Seminole Dr, New Braunfels, TX 78130

3 beds • 2 baths • 1172 sqft

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This property looks like a bad Mid-Term investment with a projected -4.98% first-year return on $73,692 initial cash invested.

-4.98%

Cash On Cash

5.43%

Cap Rate

0.85

DSCR

$2,349

Rent

-$306

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,349 income − $2,655 expenses = $306 out of pocket

Income$2,349Out of Pocket$306Mortgage P&I$1,41160%Property Taxes$35015%Insurance$964%Management$28212%CapEx$944%Vacancy$703%Maintenance$944%Other$25811%

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,692

Downpayment

20%

$53,040

Closing costs

1%

$2,652

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,349

Total Expenses

$2,655

Mortgage P&I

60%

$1,411

Property Taxes

15%

$350

Home Insurance

4%

$96

HOA

0%

$0

Property Management

12%

$282

CapEx

4%

$94

Vacancy

3%

$70

Maintenance

4%

$94

Other

11%

$258

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