REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,984 (target)

20352 Forest Reserve St, Cleveland, TX 77328

3 beds • 2 baths • 1750 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.29% first-year return on $64,200 initial cash invested.

1.29%

Cash On Cash

7.04%

Cap Rate

1.13

DSCR

$1,984

Rent

$69

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,984 income − $1,915 expenses = $69 cash flow

Income$1,984Mortgage P&I$1,14358%Property Taxes$211%Insurance$774%Management$23812%CapEx$794%Vacancy$603%Maintenance$794%Other$21811%Cash Flow$69

Investment Breakdown

|

Purchase Price

$220k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,200

Downpayment

20%

$44,000

Closing costs

1%

$2,200

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,984

Total Expenses

$1,915

Mortgage P&I

58%

$1,143

Property Taxes

1%

$21

Home Insurance

4%

$77

HOA

0%

$0

Property Management

12%

$238

CapEx

4%

$79

Vacancy

3%

$60

Maintenance

4%

$79

Other

11%

$218

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis