REI Lense

REI Lense

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$3,600 (target)

220 Lake Oaks Blvd, Coldspring, TX 77331

3 beds • 3 baths • 2407 sqft

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This property looks like a bad Long-Term investment with a projected -5.95% first-year return on $92,379 initial cash invested.

-5.95%

Cash On Cash

5.63%

Cap Rate

0.88

DSCR

$3,600

Rent

-$458

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,600 income − $4,058 expenses = $458 out of pocket

Income$3,600Out of Pocket$458Mortgage P&I$2,34265%Property Taxes$50214%Insurance$1544%HOA$1243%Management$36010%CapEx$1805%Vacancy$2166%Maintenance$1805%

Investment Breakdown

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Purchase Price

$440k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,379

Downpayment

20%

$87,980

Closing costs

1%

$4,399

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,600

Total Expenses

$4,058

Mortgage P&I

65%

$2,342

Property Taxes

14%

$502

Home Insurance

4%

$154

HOA

3%

$124

Property Management

10%

$360

CapEx

5%

$180

Vacancy

6%

$216

Maintenance

5%

$180

Other

0%

$0

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