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Missouri City Income Property for Sale

By
Real Estate Agent with Signature Real Estate

 

Asking Price 95,000.00
Aprox. Value 117,000.00
   
Investment Scenario 1: 10% Down 30-Year Fixed
   
Income  
Monthly Rent 1,200.00
   
Expenses  
Mortgage ($76,000 with a 7.00% interest) 568.83
Taxes ($2854.00) 238.66
Insurance ($700.00) 58.00
HOA ($150.00) 12.50
Total 877.99
   
Monthly Cash Flow 322.01
Annual Cash Flow 3,864.12
Cash Investment 9,500.00
Annual Return on Investment 40.67%
   
5 Year Outlook  
Locked in Equity at Purchase 22,000.00
Appreciation  (5% a year) 29,250.00
Total Rental Income  19,320.00
Loan Repayment 4,581.00
Total Return 75,151.00

 

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