REI Lense

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$4,378 (target)

11001 Ridge Point Dr, Woodway, TX 76712

3 beds • 3 baths • 2346 sqft

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This property looks like a bad Mid-Term investment with a projected -0.94% first-year return on $111k initial cash invested.

-0.94%

Cash On Cash

6.15%

Cap Rate

1.04

DSCR

$4,378

Rent

-$87

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,378 income − $4,465 expenses = $87 out of pocket

Income$4,378Out of Pocket$87Mortgage P&I$2,18150%Property Taxes$63915%Insurance$1574%Management$52512%CapEx$1754%Vacancy$1313%Maintenance$1754%Other$48211%

Investment Breakdown

|

Purchase Price

$443k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,560

Closing costs

1%

$4,428

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,378

Total Expenses

$4,465

Mortgage P&I

50%

$2,181

Property Taxes

15%

$639

Home Insurance

4%

$157

HOA

0%

$0

Property Management

12%

$525

CapEx

4%

$175

Vacancy

3%

$131

Maintenance

4%

$175

Other

11%

$482

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