REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,828 (target)

2426 Soledad Ridge Dr, Spring, TX 77373

3 beds • 2 baths • 1803 sqft

Email

This property looks like a bad Mid-Term investment with a projected -1.53% first-year return on $69,786 initial cash invested.

-1.53%

Cash On Cash

6.63%

Cap Rate

1.02

DSCR

$2,828

Rent

-$89

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,828 income − $2,917 expenses = $89 out of pocket

Income$2,828Out of Pocket$89Mortgage P&I$1,33847%Property Taxes$48417%Insurance$963%HOA$381%Management$33912%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31111%

Investment Breakdown

|

Purchase Price

$247k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,786

Downpayment

20%

$49,320

Closing costs

1%

$2,466

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,828

Total Expenses

$2,917

Mortgage P&I

47%

$1,338

Property Taxes

17%

$484

Home Insurance

3%

$96

HOA

1%

$38

Property Management

12%

$339

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$311

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis