REI Lense

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$1,928 (target)

22426 Toronado Ridge Ln, Porter, TX 77365

3 beds • 2 baths • 1611 sqft

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This property looks like a bad Long-Term investment with a projected -12.93% first-year return on $54,579 initial cash invested.

-12.93%

Cash On Cash

3.71%

Cap Rate

0.62

DSCR

$1,928

Rent

-$588

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,928 income − $2,516 expenses = $588 out of pocket

Income$1,928Out of Pocket$588Mortgage P&I$1,29667%Property Taxes$56129%Insurance$915%HOA$673%Management$19310%CapEx$965%Vacancy$1166%Maintenance$965%

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,579

Downpayment

20%

$51,980

Closing costs

1%

$2,599

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,928

Total Expenses

$2,516

Mortgage P&I

67%

$1,296

Property Taxes

29%

$561

Home Insurance

5%

$91

HOA

3%

$67

Property Management

10%

$193

CapEx

5%

$96

Vacancy

6%

$116

Maintenance

5%

$96

Other

0%

$0

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