REI Lense

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$3,063 (target)

13215 Bunker Hill Dr, Willis, TX 77318

3 beds • 2 baths • 1889 sqft

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This property might be a fair Mid-Term investment with a projected 4.73% first-year return on $67,938 initial cash invested.

4.73%

Cash On Cash

8.15%

Cap Rate

1.32

DSCR

$3,063

Rent

$268

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,063 income − $2,795 expenses = $268 cash flow

Income$3,063Mortgage P&I$1,22540%Property Taxes$42514%Insurance$843%HOA$181%Management$36812%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33711%Cash Flow$268

Investment Breakdown

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Purchase Price

$238k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,938

Downpayment

20%

$47,560

Closing costs

1%

$2,378

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,063

Total Expenses

$2,795

Mortgage P&I

40%

$1,225

Property Taxes

14%

$425

Home Insurance

3%

$84

HOA

1%

$18

Property Management

12%

$368

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$337

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