REI Lense

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$2,768 (target)

2307 Old Oak Ln, Kingwood, TX 77339

3 beds • 2 baths • 1519 sqft

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This property might be a fair Mid-Term investment with a projected 0.36% first-year return on $67,350 initial cash invested.

0.36%

Cash On Cash

6.67%

Cap Rate

1.11

DSCR

$2,768

Rent

$20

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,768 income − $2,748 expenses = $20 cash flow

Income$2,768Mortgage P&I$1,17542%Property Taxes$51919%Insurance$823%HOA$311%Management$33212%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30411%Cash Flow$20

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,768

Total Expenses

$2,748

Mortgage P&I

42%

$1,175

Property Taxes

19%

$519

Home Insurance

3%

$82

HOA

1%

$31

Property Management

12%

$332

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$304

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