REI Lense

REI Lense

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$2,504 (target)

13224 Diamond Reef Ln, La Marque, TX 77568

3 beds • 2 baths • 1828 sqft

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This property looks like a bad Long-Term investment with a projected -14.24% first-year return on $66,822 initial cash invested.

-14.24%

Cash On Cash

3.42%

Cap Rate

0.58

DSCR

$2,504

Rent

-$793

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,504 income − $3,297 expenses = $793 out of pocket

Income$2,504Out of Pocket$793Mortgage P&I$1,57563%Property Taxes$85334%Insurance$1165%HOA$1034%Management$25010%CapEx$1255%Vacancy$1506%Maintenance$1255%

Investment Breakdown

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Purchase Price

$318k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,822

Downpayment

20%

$63,640

Closing costs

1%

$3,182

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,504

Total Expenses

$3,297

Mortgage P&I

63%

$1,575

Property Taxes

34%

$853

Home Insurance

5%

$116

HOA

4%

$103

Property Management

10%

$250

CapEx

5%

$125

Vacancy

6%

$150

Maintenance

5%

$125

Other

0%

$0

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