REI Lense

REI Lense

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$3,300 (target)

2005 Cheryl Dr, Pearland, TX 77581

3 beds • 2 baths • 1511 sqft

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This property might be a fair Mid-Term investment with a projected 1.23% first-year return on $84,150 initial cash invested.

1.23%

Cash On Cash

6.79%

Cap Rate

1.14

DSCR

$3,300

Rent

$86

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,300

Total Expenses

$3,214

Mortgage P&I

47%

$1,564

Property Taxes

13%

$418

Home Insurance

3%

$110

HOA

0%

$0

Property Management

12%

$396

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$363

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