REI Lense

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$2,712 (target)

2114 Mocking Bird Ln, La Porte, TX 77571

3 beds • 2 baths • 1264 sqft

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This property might be a fair Mid-Term investment with a projected 4.85% first-year return on $59,937 initial cash invested.

4.85%

Cash On Cash

8.3%

Cap Rate

1.34

DSCR

$2,712

Rent

$242

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,712 income − $2,470 expenses = $242 cash flow

Income$2,712Mortgage P&I$1,03238%Property Taxes$44016%Insurance$723%HOA$6Management$32512%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29811%Cash Flow$242

Investment Breakdown

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Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,937

Downpayment

20%

$39,940

Closing costs

1%

$1,997

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,712

Total Expenses

$2,470

Mortgage P&I

38%

$1,032

Property Taxes

16%

$440

Home Insurance

3%

$72

HOA

0%

$6

Property Management

12%

$325

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$298

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