REI Lense

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$1,980 (target)

22719 Old Church Ln, Katy, TX 77449

3 beds • 2 baths • 1881 sqft

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This property looks like a bad Long-Term investment with a projected -12.85% first-year return on $62,580 initial cash invested.

-12.85%

Cash On Cash

3.68%

Cap Rate

0.62

DSCR

$1,980

Rent

-$670

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,980 income − $2,650 expenses = $670 out of pocket

Income$1,980Out of Pocket$670Mortgage P&I$1,48675%Property Taxes$51026%Insurance$1045%HOA$352%Management$19810%CapEx$995%Vacancy$1196%Maintenance$995%

Investment Breakdown

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Purchase Price

$298k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,580

Downpayment

20%

$59,600

Closing costs

1%

$2,980

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,980

Total Expenses

$2,650

Mortgage P&I

75%

$1,486

Property Taxes

26%

$510

Home Insurance

5%

$104

HOA

2%

$35

Property Management

10%

$198

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

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