REI Lense

REI Lense

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$3,346 (target)

212 E Crestmont Dr, Alvin, TX 77511

3 beds • 2 baths • 1961 sqft

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This property might be a fair Long-Term investment with a projected 1.77% first-year return on $67,179 initial cash invested.

1.77%

Cash On Cash

7.39%

Cap Rate

1.16

DSCR

$3,346

Rent

$99

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,346 income − $3,247 expenses = $99 cash flow

Income$3,346Mortgage P&I$1,70351%Property Taxes$56217%Insurance$1123%Management$33510%CapEx$1675%Vacancy$2016%Maintenance$1675%Cash Flow$99

Investment Breakdown

|

Purchase Price

$320k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,179

Downpayment

20%

$63,980

Closing costs

1%

$3,199

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,346

Total Expenses

$3,247

Mortgage P&I

51%

$1,703

Property Taxes

17%

$562

Home Insurance

3%

$112

HOA

0%

$0

Property Management

10%

$335

CapEx

5%

$167

Vacancy

6%

$201

Maintenance

5%

$167

Other

0%

$0

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