REI Lense

REI Lense

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$2,680 (target)

23601 Zinfandel Dr, Alvin, TX 77511

3 beds • 2 baths • 1953 sqft

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This property looks like a bad Long-Term investment with a projected -11.35% first-year return on $70,329 initial cash invested.

-11.35%

Cash On Cash

4.06%

Cap Rate

0.68

DSCR

$2,680

Rent

-$665

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,329

Downpayment

20%

$66,980

Closing costs

1%

$3,349

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,680

Total Expenses

$3,345

Mortgage P&I

62%

$1,663

Property Taxes

31%

$826

Home Insurance

4%

$117

HOA

2%

$42

Property Management

10%

$268

CapEx

5%

$134

Vacancy

6%

$161

Maintenance

5%

$134

Other

0%

$0

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