REI Lense

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$1,810 (target)

1423 Willersley Ln, Channelview, TX 77530

3 beds • 2 baths • 1471 sqft

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This property looks like a bad Long-Term investment with a projected -8.27% first-year return on $48,006 initial cash invested.

-8.27%

Cash On Cash

4.92%

Cap Rate

0.8

DSCR

$1,810

Rent

-$331

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,810 income − $2,141 expenses = $331 out of pocket

Income$1,810Out of Pocket$331Mortgage P&I$1,17965%Property Taxes$38121%Insurance$885%HOA$231%Management$18110%CapEx$905%Vacancy$1096%Maintenance$905%

Investment Breakdown

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Purchase Price

$229k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,006

Downpayment

20%

$45,720

Closing costs

1%

$2,286

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,810

Total Expenses

$2,141

Mortgage P&I

65%

$1,179

Property Taxes

21%

$381

Home Insurance

5%

$88

HOA

1%

$23

Property Management

10%

$181

CapEx

5%

$90

Vacancy

6%

$109

Maintenance

5%

$90

Other

0%

$0

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