REI Lense

REI Lense

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$2,016 (target)

24123 Wilde Dr, Magnolia, TX 77355

3 beds • 3 baths • 1995 sqft

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This property looks like a bad Long-Term investment with a projected -3.85% first-year return on $50,169 initial cash invested.

-3.85%

Cash On Cash

5.72%

Cap Rate

0.95

DSCR

$2,016

Rent

-$161

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$239k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,169

Downpayment

20%

$47,780

Closing costs

1%

$2,389

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,016

Total Expenses

$2,177

Mortgage P&I

59%

$1,198

Property Taxes

17%

$345

Home Insurance

4%

$84

HOA

1%

$25

Property Management

10%

$202

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

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