REI Lense

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$1,844 (target)

2019 Southwood Dr, New Caney, TX 77357

3 beds • 2 baths • 1602 sqft

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This property looks like a bad Long-Term investment with a projected -8.45% first-year return on $44,184 initial cash invested.

-8.45%

Cash On Cash

5.47%

Cap Rate

0.81

DSCR

$1,844

Rent

-$311

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,844 income − $2,155 expenses = $311 out of pocket

Income$1,844Out of Pocket$311Mortgage P&I$1,17864%Property Taxes$42323%Insurance$754%Management$18410%CapEx$925%Vacancy$1116%Maintenance$925%

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,184

Downpayment

20%

$42,080

Closing costs

1%

$2,104

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,844

Total Expenses

$2,155

Mortgage P&I

64%

$1,178

Property Taxes

23%

$423

Home Insurance

4%

$75

HOA

0%

$0

Property Management

10%

$184

CapEx

5%

$92

Vacancy

6%

$111

Maintenance

5%

$92

Other

0%

$0

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