REI Lense

REI Lense

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$2,364 (target)

207 Eldridge Rd, Sugar Land, TX 77478

3 beds • 2 baths • 1896 sqft

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This property looks like a bad Long-Term investment with a projected -10% first-year return on $76,650 initial cash invested.

-10%

Cash On Cash

4.26%

Cap Rate

0.71

DSCR

$2,364

Rent

-$639

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,364 income − $3,003 expenses = $639 out of pocket

Income$2,364Out of Pocket$639Mortgage P&I$1,81677%Property Taxes$44119%Insurance$1326%Management$23610%CapEx$1185%Vacancy$1426%Maintenance$1185%

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,650

Downpayment

20%

$73,000

Closing costs

1%

$3,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,364

Total Expenses

$3,003

Mortgage P&I

77%

$1,816

Property Taxes

19%

$441

Home Insurance

6%

$132

HOA

0%

$0

Property Management

10%

$236

CapEx

5%

$118

Vacancy

6%

$142

Maintenance

5%

$118

Other

0%

$0

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