REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2120 Mule Ridge Dr, Katy, TX 77493

3 beds • 2 baths • 1352 sqft

Email

This property looks like a bad Airbnb investment with a projected -19.45% first-year return on $71,550 initial cash invested.

-19.45%

Cash On Cash

1.5%

Cap Rate

0.23

DSCR

$1,676

Rent

-$1,160

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,676 income − $2,836 expenses = $1,160 out of pocket

Income$1,676Out of Pocket$1,160Mortgage P&I$1,41184%Property Taxes$53232%Insurance$895%Management$25115%CapEx$674%Maintenance$674%Other$41925%

Investment Breakdown

|

Purchase Price

$255k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,550

Downpayment

20%

$51,000

Closing costs

1%

$2,550

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,676

Total Expenses

$2,836

Mortgage P&I

84%

$1,411

Property Taxes

32%

$532

Home Insurance

5%

$89

HOA

0%

$0

Property Management

15%

$251

CapEx

4%

$67

Vacancy

0%

$0

Maintenance

4%

$67

Other

25%

$419

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis