REI Lense

REI Lense

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$1,994 (target)

18014 Echobend Ln, Spring, TX 77379

3 beds • 3 baths • 2123 sqft

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This property looks like a bad Long-Term investment with a projected -15.92% first-year return on $77,490 initial cash invested.

-15.92%

Cash On Cash

2.81%

Cap Rate

0.48

DSCR

$1,994

Rent

-$1,028

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

$77,490

Downpayment

20%

$73,800

Closing costs

1%

$3,690

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,994

Total Expenses

$3,022

Mortgage P&I

90%

$1,793

Property Taxes

26%

$518

Home Insurance

6%

$129

HOA

3%

$63

Property Management

10%

$199

CapEx

5%

$100

Vacancy

6%

$120

Maintenance

5%

$100

Other

0%

$0

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