REI Lense

REI Lense

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$2,149 (target)

2322 Colleen Dr, Pearland, TX 77581

3 beds • 3 baths • 1701 sqft

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This property looks like a bad Long-Term investment with a projected -10.44% first-year return on $61,131 initial cash invested.

-10.44%

Cash On Cash

4.56%

Cap Rate

0.72

DSCR

$2,149

Rent

-$532

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,149 income − $2,681 expenses = $532 out of pocket

Income$2,149Out of Pocket$532Mortgage P&I$1,53171%Property Taxes$48723%Insurance$1055%Management$21510%CapEx$1075%Vacancy$1296%Maintenance$1075%

Investment Breakdown

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Purchase Price

$291k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,131

Downpayment

20%

$58,220

Closing costs

1%

$2,911

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,149

Total Expenses

$2,681

Mortgage P&I

71%

$1,531

Property Taxes

23%

$487

Home Insurance

5%

$105

HOA

0%

$0

Property Management

10%

$215

CapEx

5%

$107

Vacancy

6%

$129

Maintenance

5%

$107

Other

0%

$0

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