REI Lense

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$2,235 (target)

20403 Windcrest Colony Trl, Richmond, TX 77407

3 beds • 2 baths • 1632 sqft

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This property looks like a bad Long-Term investment with a projected -15.26% first-year return on $68,250 initial cash invested.

-15.26%

Cash On Cash

3.04%

Cap Rate

0.52

DSCR

$2,235

Rent

-$868

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,235

Total Expenses

$3,103

Mortgage P&I

71%

$1,579

Property Taxes

33%

$732

Home Insurance

5%

$114

HOA

4%

$96

Property Management

10%

$224

CapEx

5%

$112

Vacancy

6%

$134

Maintenance

5%

$112

Other

0%

$0

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