REI Lense

REI Lense

Unlock all features! Tap here to upgrade

23403 Cranberry Grader Ln, Hockley, TX 77447

3 beds • 3 baths • 2088 sqft

Email

This property looks like a bad Airbnb investment with a projected -16.17% first-year return on $84,150 initial cash invested.

-16.17%

Cash On Cash

1.94%

Cap Rate

0.33

DSCR

$2,618

Rent

-$1,134

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,618

Total Expenses

$3,752

Mortgage P&I

59%

$1,537

Property Taxes

30%

$781

Home Insurance

4%

$110

HOA

3%

$67

Property Management

15%

$393

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$654

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis