REI Lense

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$2,496 (target)

2377 Us Highway 190, Huntsville, TX 77340

3 beds • 2 baths • 1500 sqft

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This property looks like a bad Mid-Term investment with a projected -0.78% first-year return on $75,309 initial cash invested.

-0.78%

Cash On Cash

6.25%

Cap Rate

1.04

DSCR

$2,496

Rent

-$49

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,496 income − $2,545 expenses = $49 out of pocket

Income$2,496Out of Pocket$49Mortgage P&I$1,37155%Property Taxes$2289%Insurance$964%Management$30012%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27511%

Investment Breakdown

|

Purchase Price

$273k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,309

Downpayment

20%

$54,580

Closing costs

1%

$2,729

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,496

Total Expenses

$2,545

Mortgage P&I

55%

$1,371

Property Taxes

9%

$228

Home Insurance

4%

$96

HOA

0%

$0

Property Management

12%

$300

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$275

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