REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,093 (target)

23692 Alder Branch Ln, New Caney, TX 77357

3 beds • 3 baths • 2148 sqft

Email

This property looks like a bad Long-Term investment with a projected -16.14% first-year return on $58,653 initial cash invested.

-16.14%

Cash On Cash

3.07%

Cap Rate

0.51

DSCR

$2,093

Rent

-$789

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,093 income − $2,882 expenses = $789 out of pocket

Income$2,093Out of Pocket$789Mortgage P&I$1,39967%Property Taxes$77137%Insurance$1005%HOA$673%Management$20910%CapEx$1055%Vacancy$1266%Maintenance$1055%

Investment Breakdown

|

Purchase Price

$279k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,653

Downpayment

20%

$55,860

Closing costs

1%

$2,793

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,093

Total Expenses

$2,882

Mortgage P&I

67%

$1,399

Property Taxes

37%

$771

Home Insurance

5%

$100

HOA

3%

$67

Property Management

10%

$209

CapEx

5%

$105

Vacancy

6%

$126

Maintenance

5%

$105

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis