REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,914 (target)

16651 Olivewood Ln, Conroe, TX 77302

3 beds • 2 baths • 1564 sqft

Email

This property looks like a bad Mid-Term investment with a projected -1.35% first-year return on $75,729 initial cash invested.

-1.35%

Cash On Cash

6.11%

Cap Rate

1.02

DSCR

$2,914

Rent

-$85

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,914 income − $2,999 expenses = $85 out of pocket

Income$2,914Out of Pocket$85Mortgage P&I$1,36747%Property Taxes$49017%Insurance$963%HOA$542%Management$35012%CapEx$1174%Vacancy$873%Maintenance$1174%Other$32111%

Investment Breakdown

|

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,729

Downpayment

20%

$54,980

Closing costs

1%

$2,749

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,914

Total Expenses

$2,999

Mortgage P&I

47%

$1,367

Property Taxes

17%

$490

Home Insurance

3%

$96

HOA

2%

$54

Property Management

12%

$350

CapEx

4%

$117

Vacancy

3%

$87

Maintenance

4%

$117

Other

11%

$321

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis