REI Lense

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$3,728 (target)

18510 Cypress Steppe Ln, Cypress, TX 77433

3 beds • 3 baths • 2265 sqft

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This property might be a fair Mid-Term investment with a projected 6.44% first-year return on $86,250 initial cash invested.

6.44%

Cash On Cash

8.15%

Cap Rate

1.38

DSCR

$3,728

Rent

$463

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,728 income − $3,265 expenses = $463 cash flow

Income$3,728Mortgage P&I$1,59643%Property Taxes$2286%Insurance$1143%HOA$602%Management$44712%CapEx$1494%Vacancy$1123%Maintenance$1494%Other$41011%Cash Flow$463

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,728

Total Expenses

$3,265

Mortgage P&I

43%

$1,596

Property Taxes

6%

$228

Home Insurance

3%

$114

HOA

2%

$60

Property Management

12%

$447

CapEx

4%

$149

Vacancy

3%

$112

Maintenance

4%

$149

Other

11%

$410

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