REI Lense

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$2,284 (target)

215 Crest Hill Dr, Conroe, TX 77301

3 beds • 2 baths • 1314 sqft

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This property looks like a bad Mid-Term investment with a projected -3.13% first-year return on $70,479 initial cash invested.

-3.13%

Cash On Cash

5.99%

Cap Rate

0.93

DSCR

$2,284

Rent

-$184

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,284 income − $2,468 expenses = $184 out of pocket

Income$2,284Out of Pocket$184Mortgage P&I$1,34059%Property Taxes$24311%Insurance$884%HOA$211%Management$27412%CapEx$914%Vacancy$693%Maintenance$914%Other$25111%

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,479

Downpayment

20%

$49,980

Closing costs

1%

$2,499

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,284

Total Expenses

$2,468

Mortgage P&I

59%

$1,340

Property Taxes

11%

$243

Home Insurance

4%

$88

HOA

1%

$21

Property Management

12%

$274

CapEx

4%

$91

Vacancy

3%

$69

Maintenance

4%

$91

Other

11%

$251

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