REI Lense

REI Lense

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$3,219 (target)

16342 Rockdale Landing Dr, Hockley, TX 77447

3 beds • 2 baths • 1914 sqft

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This property looks like a bad Mid-Term investment with a projected -3.95% first-year return on $90,450 initial cash invested.

-3.95%

Cash On Cash

5.28%

Cap Rate

0.9

DSCR

$3,219

Rent

-$298

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$345k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,450

Downpayment

20%

$69,000

Closing costs

1%

$3,450

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,219

Total Expenses

$3,517

Mortgage P&I

52%

$1,688

Property Taxes

19%

$613

Home Insurance

4%

$121

HOA

0%

$0

Property Management

12%

$386

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$354

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