REI Lense

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$3,075 (target)

20900 Sheffield Park Dr, Porter, TX 77365

3 beds • 2 baths • 1502 sqft

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This property might be a fair Mid-Term investment with a projected 0.53% first-year return on $67,348 initial cash invested.

0.53%

Cash On Cash

6.94%

Cap Rate

1.13

DSCR

$3,075

Rent

$30

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,075 income − $3,045 expenses = $30 cash flow

Income$3,075Mortgage P&I$1,20739%Property Taxes$64721%Insurance$823%HOA$642%Management$36912%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33811%Cash Flow$30

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,348

Downpayment

20%

$46,998

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,075

Total Expenses

$3,045

Mortgage P&I

39%

$1,207

Property Taxes

21%

$647

Home Insurance

3%

$82

HOA

2%

$64

Property Management

12%

$369

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$338

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