REI Lense

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$3,518 (target)

22914 Cable Terrace Dr, Katy, TX 77494

3 beds • 2 baths • 2131 sqft

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This property looks like a bad Mid-Term investment with a projected -10.35% first-year return on $105k initial cash invested.

-10.35%

Cash On Cash

4.36%

Cap Rate

0.66

DSCR

$3,518

Rent

-$907

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,518 income − $4,425 expenses = $907 out of pocket

Income$3,518Out of Pocket$907Mortgage P&I$2,27565%Property Taxes$71520%Insurance$1454%HOA$933%Management$42212%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38711%

Investment Breakdown

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Purchase Price

$415k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$83,000

Closing costs

1%

$4,150

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,518

Total Expenses

$4,425

Mortgage P&I

65%

$2,275

Property Taxes

20%

$715

Home Insurance

4%

$145

HOA

3%

$93

Property Management

12%

$422

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$387

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