REI Lense

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$2,118 (target)

2407 Rambling Brook Dr, Spring, TX 77373

3 beds • 2 baths • 1895 sqft

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This property looks like a bad Long-Term investment with a projected -11.24% first-year return on $55,713 initial cash invested.

-11.24%

Cash On Cash

4.52%

Cap Rate

0.71

DSCR

$2,118

Rent

-$522

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,118 income − $2,640 expenses = $522 out of pocket

Income$2,118Out of Pocket$522Mortgage P&I$1,41667%Property Taxes$54826%Insurance$944%HOA$311%Management$21210%CapEx$1065%Vacancy$1276%Maintenance$1065%

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,713

Downpayment

20%

$53,060

Closing costs

1%

$2,653

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,118

Total Expenses

$2,640

Mortgage P&I

67%

$1,416

Property Taxes

26%

$548

Home Insurance

4%

$94

HOA

1%

$31

Property Management

10%

$212

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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