REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

2115 Summer Gardens Ln, Katy, TX 77493

3 beds • 2 baths • 2479 sqft

Email

This property looks like a bad Airbnb investment with a projected -25.17% first-year return on $120k initial cash invested.

-25.17%

Cash On Cash

-0.09%

Cap Rate

-0.02

DSCR

$2,428

Rent

-$2,513

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$485k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$96,980

Closing costs

1%

$4,849

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,428

Total Expenses

$4,941

Mortgage P&I

98%

$2,380

Property Taxes

46%

$1,126

Home Insurance

7%

$170

HOA

4%

$100

Property Management

15%

$364

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$607

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis