REI Lense

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$3,208 (target)

21506 Rose Mill Dr, Kingwood, TX 77339

3 beds • 2 baths • 1949 sqft

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This property looks like a bad Mid-Term investment with a projected -1.41% first-year return on $78,270 initial cash invested.

-1.41%

Cash On Cash

6.17%

Cap Rate

1.03

DSCR

$3,208

Rent

-$92

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,208 income − $3,300 expenses = $92 out of pocket

Income$3,208Out of Pocket$92Mortgage P&I$1,43945%Property Taxes$61919%Insurance$1023%HOA$502%Management$38512%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35311%

Investment Breakdown

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Purchase Price

$287k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,270

Downpayment

20%

$57,400

Closing costs

1%

$2,870

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,208

Total Expenses

$3,300

Mortgage P&I

45%

$1,439

Property Taxes

19%

$619

Home Insurance

3%

$102

HOA

2%

$50

Property Management

12%

$385

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$353

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