REI Lense

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$2,050 (target)

20900 Sheffield Park Dr, Porter, TX 77365

3 beds • 2 baths • 1502 sqft

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This property looks like a bad Long-Term investment with a projected -11.72% first-year return on $49,348 initial cash invested.

-11.72%

Cash On Cash

4.22%

Cap Rate

0.69

DSCR

$2,050

Rent

-$482

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,050 income − $2,532 expenses = $482 out of pocket

Income$2,050Out of Pocket$482Mortgage P&I$1,20759%Property Taxes$64732%Insurance$824%HOA$643%Management$20510%CapEx$1025%Vacancy$1236%Maintenance$1025%

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,348

Downpayment

20%

$46,998

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,050

Total Expenses

$2,532

Mortgage P&I

59%

$1,207

Property Taxes

32%

$647

Home Insurance

4%

$82

HOA

3%

$64

Property Management

10%

$205

CapEx

5%

$102

Vacancy

6%

$123

Maintenance

5%

$102

Other

0%

$0

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