REI Lense

REI Lense

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$2,321 (target)

221 11th St, San Leon, TX 77539

3 beds • 2 baths • 1624 sqft

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This property looks like a bad Long-Term investment with a projected -1.12% first-year return on $52,458 initial cash invested.

-1.12%

Cash On Cash

6.5%

Cap Rate

1.05

DSCR

$2,321

Rent

-$49

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,321 income − $2,370 expenses = $49 out of pocket

Income$2,321Out of Pocket$49Mortgage P&I$1,28655%Property Taxes$39117%Insurance$904%Management$23210%CapEx$1165%Vacancy$1396%Maintenance$1165%

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,458

Downpayment

20%

$49,960

Closing costs

1%

$2,498

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,321

Total Expenses

$2,370

Mortgage P&I

55%

$1,286

Property Taxes

17%

$391

Home Insurance

4%

$90

HOA

0%

$0

Property Management

10%

$232

CapEx

5%

$116

Vacancy

6%

$139

Maintenance

5%

$116

Other

0%

$0

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