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Long-Term Rental Analysis
980 Ringold St, Houston, TX 77088
$89,0003 beds • 1 baths • 1000 sqft

This property could be a profitable Long-Term investment with a projected 34.16% first-year return on $18,690 initial cash invested.

Cash On Cash
34.16%
Cap Rate
14.33%
Rent
$1,580
Cashflow
$532
Rent Confidence:  High
Annual
$18,960
Median
$1,650
Avg
$1,605
Samples
25
Financing

Purchase Price  $89,000
Downpayment  20.0%
Interest Rate  6.5%
Mortgage Duration  30yr.
Cash To Invest

Total  $18,690
Downpayment  20% $17,800
Closing costs  1% $890
Rehab  0% $0
Furnishing  0% $0
Cashflow

Total Income  $1,580
Total Expenses  $1,048
Mortgage P&I  29% $452
Property Taxes  10% $154
Home Insurance  2% $31
PManagement  10% $158
CapEx  5% $79
Vacancy  6% $95
Maintenance  5% $79
Other  0% $0

Projections