REI Lense

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$2,105 (target)

1146 Pennygent Ln, Channelview, TX 77530

3 beds • 3 baths • 2006 sqft

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This property looks like a bad Long-Term investment with a projected -6.35% first-year return on $52,500 initial cash invested.

-6.35%

Cash On Cash

5.49%

Cap Rate

0.87

DSCR

$2,105

Rent

-$278

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,105 income − $2,383 expenses = $278 out of pocket

Income$2,105Out of Pocket$278Mortgage P&I$1,31763%Property Taxes$41120%Insurance$884%HOA$211%Management$21010%CapEx$1055%Vacancy$1266%Maintenance$1055%

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,105

Total Expenses

$2,383

Mortgage P&I

63%

$1,317

Property Taxes

20%

$411

Home Insurance

4%

$88

HOA

1%

$21

Property Management

10%

$210

CapEx

5%

$105

Vacancy

6%

$126

Maintenance

5%

$105

Other

0%

$0

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