REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,847 (target)

2023 Shadow Rock Dr, Humble, TX 77339

3 beds • 2 baths • 1656 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.56% first-year return on $65,565 initial cash invested.

2.56%

Cash On Cash

7.65%

Cap Rate

1.21

DSCR

$2,847

Rent

$140

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,847 income − $2,707 expenses = $140 cash flow

Income$2,847Mortgage P&I$1,18942%Property Taxes$44216%Insurance$743%HOA$341%Management$34212%CapEx$1144%Vacancy$853%Maintenance$1144%Other$31311%Cash Flow$140

Investment Breakdown

|

Purchase Price

$227k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,565

Downpayment

20%

$45,300

Closing costs

1%

$2,265

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,847

Total Expenses

$2,707

Mortgage P&I

42%

$1,189

Property Taxes

16%

$442

Home Insurance

3%

$74

HOA

1%

$34

Property Management

12%

$342

CapEx

4%

$114

Vacancy

3%

$85

Maintenance

4%

$114

Other

11%

$313

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis