REI Lense

REI Lense

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$1,595 (target)

10910 Scenic Dr, Montgomery, TX 77356

3 beds • 2 baths • 1394 sqft

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This property looks like a bad Long-Term investment with a projected -8.29% first-year return on $42,546 initial cash invested.

-8.29%

Cash On Cash

4.92%

Cap Rate

0.8

DSCR

$1,595

Rent

-$294

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,595 income − $1,889 expenses = $294 out of pocket

Income$1,595Out of Pocket$294Mortgage P&I$1,04465%Property Taxes$29018%Insurance$795%HOA$604%Management$16010%CapEx$805%Vacancy$966%Maintenance$805%

Investment Breakdown

|

Purchase Price

$203k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,546

Downpayment

20%

$40,520

Closing costs

1%

$2,026

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,595

Total Expenses

$1,889

Mortgage P&I

65%

$1,044

Property Taxes

18%

$290

Home Insurance

5%

$79

HOA

4%

$60

Property Management

10%

$160

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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