REI Lense

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$1,927 (target)

1504 Lawrence Ave, Pasadena, TX 77506

3 beds • 2 baths • 1786 sqft

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This property looks like a bad Long-Term investment with a projected -0.11% first-year return on $44,541 initial cash invested.

-0.11%

Cash On Cash

6.95%

Cap Rate

1.08

DSCR

$1,927

Rent

-$4

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,927 income − $1,931 expenses = $4 out of pocket

Income$1,927Out of Pocket$4Mortgage P&I$1,13759%Property Taxes$21811%Insurance$754%Management$19310%CapEx$965%Vacancy$1166%Maintenance$965%

Investment Breakdown

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Purchase Price

$212k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,541

Downpayment

20%

$42,420

Closing costs

1%

$2,121

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,927

Total Expenses

$1,931

Mortgage P&I

59%

$1,137

Property Taxes

11%

$218

Home Insurance

4%

$75

HOA

0%

$0

Property Management

10%

$193

CapEx

5%

$96

Vacancy

6%

$116

Maintenance

5%

$96

Other

0%

$0

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