REI Lense

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$2,451 (target)

1220 Appaloosa Cir, Angleton, TX 77515

3 beds • 2 baths • 1968 sqft

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This property looks like a bad Long-Term investment with a projected -8.12% first-year return on $88,200 initial cash invested.

-8.12%

Cash On Cash

4.91%

Cap Rate

0.78

DSCR

$2,451

Rent

-$597

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,451 income − $3,048 expenses = $597 out of pocket

Income$2,451Out of Pocket$597Mortgage P&I$2,19389%Property Taxes$372%Insurance$1476%HOA$331%Management$24510%CapEx$1235%Vacancy$1476%Maintenance$1235%

Investment Breakdown

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Purchase Price

$420k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,200

Downpayment

20%

$84,000

Closing costs

1%

$4,200

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,451

Total Expenses

$3,048

Mortgage P&I

89%

$2,193

Property Taxes

2%

$37

Home Insurance

6%

$147

HOA

1%

$33

Property Management

10%

$245

CapEx

5%

$123

Vacancy

6%

$147

Maintenance

5%

$123

Other

0%

$0

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