REI Lense

REI Lense

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$1,438 (target)

16495 Taurus Ct, Conroe, TX 77306

3 beds • 2 baths • 1568 sqft

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This property might be a fair Long-Term investment with a projected 3.9% first-year return on $30,450 initial cash invested.

3.9%

Cash On Cash

7.83%

Cap Rate

1.22

DSCR

$1,438

Rent

$99

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,438 income − $1,339 expenses = $99 cash flow

Income$1,438Mortgage P&I$77554%Property Taxes$1259%Insurance$514%HOA$141%Management$14410%CapEx$725%Vacancy$866%Maintenance$725%Cash Flow$99

Investment Breakdown

|

Purchase Price

$145k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$30,450

Downpayment

20%

$29,000

Closing costs

1%

$1,450

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,438

Total Expenses

$1,339

Mortgage P&I

54%

$775

Property Taxes

9%

$125

Home Insurance

4%

$51

HOA

1%

$14

Property Management

10%

$144

CapEx

5%

$72

Vacancy

6%

$86

Maintenance

5%

$72

Other

0%

$0

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