REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,749 (target)

1311 Lamar Dr, La Marque, TX 77568

3 beds • 2 baths • 2380 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.84% first-year return on $51,387 initial cash invested.

-10.84%

Cash On Cash

4.12%

Cap Rate

0.69

DSCR

$1,749

Rent

-$464

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,749 income − $2,213 expenses = $464 out of pocket

Income$1,749Out of Pocket$464Mortgage P&I$1,21870%Property Taxes$45026%Insurance$915%Management$17510%CapEx$875%Vacancy$1056%Maintenance$875%

Investment Breakdown

|

Purchase Price

$245k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,387

Downpayment

20%

$48,940

Closing costs

1%

$2,447

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,749

Total Expenses

$2,213

Mortgage P&I

70%

$1,218

Property Taxes

26%

$450

Home Insurance

5%

$91

HOA

0%

$0

Property Management

10%

$175

CapEx

5%

$87

Vacancy

6%

$105

Maintenance

5%

$87

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis