REI Lense

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$2,050 (target)

12443 Lake Conroe Hills Dr, Willis, TX 77318

3 beds • 2 baths • 1901 sqft

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This property looks like a bad Long-Term investment with a projected -9.26% first-year return on $52,500 initial cash invested.

-9.26%

Cash On Cash

4.81%

Cap Rate

0.77

DSCR

$2,050

Rent

-$405

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,050 income − $2,455 expenses = $405 out of pocket

Income$2,050Out of Pocket$405Mortgage P&I$1,30564%Property Taxes$50825%Insurance$884%HOA$221%Management$20510%CapEx$1025%Vacancy$1236%Maintenance$1025%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.8%

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

$2,050

Total Expenses

$2,455

Mortgage P&I

64%

$1,305

Property Taxes

25%

$508

Home Insurance

4%

$88

HOA

1%

$22

Property Management

10%

$205

CapEx

5%

$102

Vacancy

6%

$123

Maintenance

5%

$102

Other

0%

$0

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