REI Lense

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$2,834 (target)

13018 Summer Meadows, Spring Branch, TX 78070

3 beds • 2 baths • 2460 sqft

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This property looks like a bad Long-Term investment with a projected -19.45% first-year return on $149k initial cash invested.

-19.45%

Cash On Cash

2.11%

Cap Rate

0.35

DSCR

$2,834

Rent

-$2,418

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,834 income − $5,252 expenses = $2,418 out of pocket

Income$2,834Out of Pocket$2,418Mortgage P&I$3,523124%Property Taxes$72125%Insurance$2599%HOA$12Management$28310%CapEx$1425%Vacancy$1706%Maintenance$1425%

Investment Breakdown

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Purchase Price

$711k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$149k

Downpayment

20%

$142k

Closing costs

1%

$7,105

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,834

Total Expenses

$5,252

Mortgage P&I

124%

$3,523

Property Taxes

25%

$721

Home Insurance

9%

$259

HOA

0%

$12

Property Management

10%

$283

CapEx

5%

$142

Vacancy

6%

$170

Maintenance

5%

$142

Other

0%

$0

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