REI Lense

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$4,250 (target)

15207 Jamaica Dr, Willis, TX 77318

3 beds • 3 baths • 2311 sqft

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This property could be a profitable Mid-Term investment with a projected 12.72% first-year return on $77,745 initial cash invested.

12.72%

Cash On Cash

10.15%

Cap Rate

1.7

DSCR

$4,250

Rent

$824

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,745

Downpayment

20%

$56,900

Closing costs

1%

$2,845

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,250

Total Expenses

$3,426

Mortgage P&I

33%

$1,413

Property Taxes

9%

$386

Home Insurance

2%

$100

HOA

2%

$81

Property Management

12%

$510

CapEx

4%

$170

Vacancy

3%

$128

Maintenance

4%

$170

Other

11%

$468

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