REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,988 (target)

24068 Stonewood Dr, Whitney, TX 76692

3 beds • 3 baths • 2147 sqft

Email

This property looks like a bad Mid-Term investment with a projected -8.82% first-year return on $94,650 initial cash invested.

-8.82%

Cash On Cash

4.05%

Cap Rate

0.68

DSCR

$2,988

Rent

-$696

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,988 income − $3,684 expenses = $696 out of pocket

Income$2,988Out of Pocket$696Mortgage P&I$1,80760%Property Taxes$44815%Insurance$1284%HOA$2839%Management$35912%CapEx$1204%Vacancy$903%Maintenance$1204%Other$32911%

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,650

Downpayment

20%

$73,000

Closing costs

1%

$3,650

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,988

Total Expenses

$3,684

Mortgage P&I

60%

$1,807

Property Taxes

15%

$448

Home Insurance

4%

$128

HOA

9%

$283

Property Management

12%

$359

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$329

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis