REI Lense

REI Lense

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$1,861 (target)

10423 Sand Pass Ln, Houston, TX 77064

3 beds • 2 baths • 1400 sqft

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This property looks like a bad Long-Term investment with a projected -0.13% first-year return on $46,809 initial cash invested.

-0.13%

Cash On Cash

6.64%

Cap Rate

1.08

DSCR

$1,861

Rent

-$5

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,861 income − $1,866 expenses = $5 out of pocket

Income$1,861Out of Pocket$5Mortgage P&I$1,14662%Property Taxes$1357%Insurance$754%HOA$261%Management$18610%CapEx$935%Vacancy$1126%Maintenance$935%

Investment Breakdown

|

Purchase Price

$223k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,809

Downpayment

20%

$44,580

Closing costs

1%

$2,229

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,861

Total Expenses

$1,866

Mortgage P&I

62%

$1,146

Property Taxes

7%

$135

Home Insurance

4%

$75

HOA

1%

$26

Property Management

10%

$186

CapEx

5%

$93

Vacancy

6%

$112

Maintenance

5%

$93

Other

0%

$0

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