REI Lense

REI Lense

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$2,991 (target)

18014 Echobend Ln, Spring, TX 77379

3 beds • 3 baths • 2123 sqft

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This property looks like a bad Mid-Term investment with a projected -6.66% first-year return on $95,490 initial cash invested.

-6.66%

Cash On Cash

4.5%

Cap Rate

0.77

DSCR

$2,991

Rent

-$530

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$369k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,490

Downpayment

20%

$73,800

Closing costs

1%

$3,690

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,991

Total Expenses

$3,521

Mortgage P&I

60%

$1,793

Property Taxes

17%

$518

Home Insurance

4%

$129

HOA

2%

$63

Property Management

12%

$359

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$329

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