REI Lense

REI Lense

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$2,905 (target)

18602 Tanager Ln, Tomball, TX 77377

3 beds • 3 baths • 2057 sqft

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This property looks like a bad Long-Term investment with a projected -16.89% first-year return on $135k initial cash invested.

-16.89%

Cash On Cash

2.68%

Cap Rate

0.45

DSCR

$2,905

Rent

-$1,907

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$645k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$135k

Downpayment

20%

$129k

Closing costs

1%

$6,450

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,905

Total Expenses

$4,812

Mortgage P&I

110%

$3,200

Property Taxes

19%

$549

Home Insurance

8%

$226

HOA

3%

$83

Property Management

10%

$290

CapEx

5%

$145

Vacancy

6%

$174

Maintenance

5%

$145

Other

0%

$0

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