REI Lense

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$1,486 (target)

100 Lago Grande Dr, Horizon City, TX 79928

3 beds • 2 baths • 1895 sqft

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This property looks like a bad Long-Term investment with a projected -17.6% first-year return on $45,612 initial cash invested.

-17.6%

Cash On Cash

2.76%

Cap Rate

0.46

DSCR

$1,486

Rent

-$669

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,486 income − $2,155 expenses = $669 out of pocket

Income$1,486Out of Pocket$669Mortgage P&I$1,09474%Property Taxes$59840%Insurance$775%Management$14910%CapEx$745%Vacancy$896%Maintenance$745%

Investment Breakdown

|

Purchase Price

$217k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,612

Downpayment

20%

$43,440

Closing costs

1%

$2,172

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,486

Total Expenses

$2,155

Mortgage P&I

74%

$1,094

Property Taxes

40%

$598

Home Insurance

5%

$77

HOA

0%

$0

Property Management

10%

$149

CapEx

5%

$74

Vacancy

6%

$89

Maintenance

5%

$74

Other

0%

$0

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