REI Lense

REI Lense

Unlock all features! Tap here to upgrade

20203 Timber Ridge Dr, Magnolia, TX 77355

3 beds • 3 baths • 2148 sqft

Email

This property looks like a bad Airbnb investment with a projected -19.96% first-year return on $184k initial cash invested.

-19.96%

Cash On Cash

1.34%

Cap Rate

0.23

DSCR

$2,700

Rent

-$3,065

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,700 income − $5,765 expenses = $3,065 out of pocket

Income$2,700Out of Pocket$3,065Mortgage P&I$3,843142%Property Taxes$2379%Insurance$28911%HOA$1004%Management$40515%CapEx$1084%Maintenance$1084%Other$67525%

Investment Breakdown

|

Purchase Price

$792k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$184k

Downpayment

20%

$158k

Closing costs

1%

$7,919

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,700

Total Expenses

$5,765

Mortgage P&I

142%

$3,843

Property Taxes

9%

$237

Home Insurance

11%

$289

HOA

4%

$100

Property Management

15%

$405

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$675

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis