REI Lense

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$2,289 (target)

14043 Albany Springs Ln, Houston, TX 77044

3 beds • 2 baths • 2062 sqft

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This property looks like a bad Long-Term investment with a projected -12.91% first-year return on $68,712 initial cash invested.

-12.91%

Cash On Cash

3.62%

Cap Rate

0.61

DSCR

$2,289

Rent

-$739

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,289 income − $3,028 expenses = $739 out of pocket

Income$2,289Out of Pocket$739Mortgage P&I$1,61270%Property Taxes$62427%Insurance$1165%HOA$824%Management$22910%CapEx$1145%Vacancy$1376%Maintenance$1145%

Investment Breakdown

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Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,712

Downpayment

20%

$65,440

Closing costs

1%

$3,272

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,289

Total Expenses

$3,028

Mortgage P&I

70%

$1,612

Property Taxes

27%

$624

Home Insurance

5%

$116

HOA

4%

$82

Property Management

10%

$229

CapEx

5%

$114

Vacancy

6%

$137

Maintenance

5%

$114

Other

0%

$0

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