REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,970 (target)

22719 Old Church Ln, Katy, TX 77449

3 beds • 2 baths • 1881 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.61% first-year return on $80,580 initial cash invested.

-2.61%

Cash On Cash

5.76%

Cap Rate

0.96

DSCR

$2,970

Rent

-$175

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,970 income − $3,145 expenses = $175 out of pocket

Income$2,970Out of Pocket$175Mortgage P&I$1,48650%Property Taxes$51017%Insurance$1044%HOA$351%Management$35612%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32711%

Investment Breakdown

|

Purchase Price

$298k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,580

Downpayment

20%

$59,600

Closing costs

1%

$2,980

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,970

Total Expenses

$3,145

Mortgage P&I

50%

$1,486

Property Taxes

17%

$510

Home Insurance

4%

$104

HOA

1%

$35

Property Management

12%

$356

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$327

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis