REI Lense

REI Lense

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$3,414 (target)

19202 Cannon Hills Ln, Richmond, TX 77407

3 beds • 2 baths • 2325 sqft

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This property looks like a bad Mid-Term investment with a projected -5.28% first-year return on $93,390 initial cash invested.

-5.28%

Cash On Cash

4.96%

Cap Rate

0.84

DSCR

$3,414

Rent

-$411

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$359k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,390

Downpayment

20%

$71,800

Closing costs

1%

$3,590

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,414

Total Expenses

$3,825

Mortgage P&I

51%

$1,758

Property Taxes

20%

$683

Home Insurance

4%

$126

HOA

3%

$96

Property Management

12%

$410

CapEx

4%

$137

Vacancy

3%

$102

Maintenance

4%

$137

Other

11%

$376

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