REI Lense

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$2,855 (target)

13681 Lakeside Place Dr, Willis, TX 77318

3 beds • 3 baths • 2553 sqft

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This property looks like a bad Long-Term investment with a projected -23.81% first-year return on $170k initial cash invested.

-23.81%

Cash On Cash

1.24%

Cap Rate

0.21

DSCR

$2,855

Rent

-$3,365

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,855 income − $6,220 expenses = $3,365 out of pocket

Income$2,855Out of Pocket$3,365Mortgage P&I$4,055142%Property Taxes$1,08238%Insurance$29810%HOA$421%Management$28610%CapEx$1435%Vacancy$1716%Maintenance$1435%

Investment Breakdown

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Purchase Price

$808k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$170k

Downpayment

20%

$162k

Closing costs

1%

$8,076

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,855

Total Expenses

$6,220

Mortgage P&I

142%

$4,055

Property Taxes

38%

$1,082

Home Insurance

10%

$298

HOA

1%

$42

Property Management

10%

$286

CapEx

5%

$143

Vacancy

6%

$171

Maintenance

5%

$143

Other

0%

$0

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