REI Lense

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$1,581 (target)

16368 Many Trees Ln, Conroe, TX 77302

3 beds • 2 baths • 1264 sqft

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This property looks like a bad Long-Term investment with a projected -7.06% first-year return on $40,278 initial cash invested.

-7.06%

Cash On Cash

5.47%

Cap Rate

0.85

DSCR

$1,581

Rent

-$237

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,581 income − $1,818 expenses = $237 out of pocket

Income$1,581Out of Pocket$237Mortgage P&I$1,03365%Property Taxes$25516%Insurance$704%HOA$493%Management$15810%CapEx$795%Vacancy$956%Maintenance$795%

Investment Breakdown

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Purchase Price

$192k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,278

Downpayment

20%

$38,360

Closing costs

1%

$1,918

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,581

Total Expenses

$1,818

Mortgage P&I

65%

$1,033

Property Taxes

16%

$255

Home Insurance

4%

$70

HOA

3%

$49

Property Management

10%

$158

CapEx

5%

$79

Vacancy

6%

$95

Maintenance

5%

$79

Other

0%

$0

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