REI Lense

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$1,845 (target)

2307 Old Oak Ln, Kingwood, TX 77339

3 beds • 2 baths • 1519 sqft

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This property looks like a bad Long-Term investment with a projected -10.72% first-year return on $49,350 initial cash invested.

-10.72%

Cash On Cash

4.22%

Cap Rate

0.7

DSCR

$1,845

Rent

-$441

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,845 income − $2,286 expenses = $441 out of pocket

Income$1,845Out of Pocket$441Mortgage P&I$1,17564%Property Taxes$51928%Insurance$824%HOA$312%Management$18410%CapEx$925%Vacancy$1116%Maintenance$925%

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,845

Total Expenses

$2,286

Mortgage P&I

64%

$1,175

Property Taxes

28%

$519

Home Insurance

4%

$82

HOA

2%

$31

Property Management

10%

$184

CapEx

5%

$92

Vacancy

6%

$111

Maintenance

5%

$92

Other

0%

$0

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