REI Lense

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$2,277 (target)

1147 Baja St, Montgomery, TX 77356

3 beds • 2 baths • sqft

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This property might be a fair Mid-Term investment with a projected 1.24% first-year return on $72,600 initial cash invested.

1.24%

Cash On Cash

6.8%

Cap Rate

1.13

DSCR

$2,277

Rent

$75

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,277 income − $2,202 expenses = $75 cash flow

Income$2,277Mortgage P&I$1,30757%Property Taxes$311%Insurance$914%Management$27312%CapEx$914%Vacancy$683%Maintenance$914%Other$25011%Cash Flow$75

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,600

Downpayment

20%

$52,000

Closing costs

1%

$2,600

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,277

Total Expenses

$2,202

Mortgage P&I

57%

$1,307

Property Taxes

1%

$31

Home Insurance

4%

$91

HOA

0%

$0

Property Management

12%

$273

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$250

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