REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,195 (target)

1005 Spokane River Rd, Montgomery, TX 77316

3 beds • 3 baths • 2083 sqft

Email

This property might be a fair Mid-Term investment with a projected 9.35% first-year return on $75,960 initial cash invested.

9.35%

Cash On Cash

9.11%

Cap Rate

1.52

DSCR

$3,195

Rent

$592

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,195 income − $2,603 expenses = $592 cash flow

Income$3,195Mortgage P&I$1,37643%Property Taxes$241%Insurance$963%HOA$211%Management$38312%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35111%Cash Flow$592

Investment Breakdown

|

Purchase Price

$276k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,960

Downpayment

20%

$55,200

Closing costs

1%

$2,760

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,195

Total Expenses

$2,603

Mortgage P&I

43%

$1,376

Property Taxes

1%

$24

Home Insurance

3%

$96

HOA

1%

$21

Property Management

12%

$383

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$351

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis