REI Lense

REI Lense

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$1,773 (target)

23034 Spring Willow Dr, Tomball, TX 77375

3 beds • 2 baths • 1613 sqft

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This property looks like a bad Long-Term investment with a projected -12.56% first-year return on $45,591 initial cash invested.

-12.56%

Cash On Cash

3.89%

Cap Rate

0.64

DSCR

$1,773

Rent

-$477

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$217k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,591

Downpayment

20%

$43,420

Closing costs

1%

$2,171

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,773

Total Expenses

$2,250

Mortgage P&I

62%

$1,092

Property Taxes

31%

$556

Home Insurance

5%

$95

HOA

3%

$46

Property Management

10%

$177

CapEx

5%

$89

Vacancy

6%

$106

Maintenance

5%

$89

Other

0%

$0

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