REI Lense

REI Lense

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$1,608 (target)

16392 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 -7.41% first-year return on $43,722 initial cash invested.

-7.41%

Cash On Cash

5.15%

Cap Rate

0.82

DSCR

$1,608

Rent

-$270

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,608 income − $1,878 expenses = $270 out of pocket

Income$1,608Out of Pocket$270Mortgage P&I$1,08467%Property Taxes$26717%Insurance$684%HOA$423%Management$16110%CapEx$805%Vacancy$966%Maintenance$805%

Investment Breakdown

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Purchase Price

$208k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,722

Downpayment

20%

$41,640

Closing costs

1%

$2,082

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,608

Total Expenses

$1,878

Mortgage P&I

67%

$1,084

Property Taxes

17%

$267

Home Insurance

4%

$68

HOA

3%

$42

Property Management

10%

$161

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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