REI Lense

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$1,999 (target)

16535 Pine Arrow Dr, Conroe, TX 77302

3 beds • 2 baths • 1533 sqft

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This property looks like a bad Long-Term investment with a projected -13.35% first-year return on $52,500 initial cash invested.

-13.35%

Cash On Cash

3.85%

Cap Rate

0.62

DSCR

$1,999

Rent

-$584

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,999

Total Expenses

$2,583

Mortgage P&I

64%

$1,286

Property Taxes

29%

$589

Home Insurance

4%

$88

HOA

5%

$100

Property Management

10%

$200

CapEx

5%

$100

Vacancy

6%

$120

Maintenance

5%

$100

Other

0%

$0

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