REI Lense

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$1,709 (target)

11178 N Lake Mist Ln, Willis, TX 77318

3 beds • 2 baths • 1170 sqft

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This property looks like a bad Long-Term investment with a projected -10.18% first-year return on $47,250 initial cash invested.

-10.18%

Cash On Cash

4.54%

Cap Rate

0.73

DSCR

$1,709

Rent

-$401

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,709 income − $2,110 expenses = $401 out of pocket

Income$1,709Out of Pocket$401Mortgage P&I$1,16868%Property Taxes$38823%Insurance$795%HOA$312%Management$17110%CapEx$855%Vacancy$1036%Maintenance$855%

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,709

Total Expenses

$2,110

Mortgage P&I

68%

$1,168

Property Taxes

23%

$388

Home Insurance

5%

$79

HOA

2%

$31

Property Management

10%

$171

CapEx

5%

$85

Vacancy

6%

$103

Maintenance

5%

$85

Other

0%

$0

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