REI Lense

REI Lense

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$1,488 (target)

25921 Essex, New Caney, TX 77357

3 beds • 2 baths • 1500 sqft

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This property looks like a bad Long-Term investment with a projected -4.26% first-year return on $36,036 initial cash invested.

-4.26%

Cash On Cash

5.82%

Cap Rate

0.94

DSCR

$1,488

Rent

-$128

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,488 income − $1,616 expenses = $128 out of pocket

Income$1,488Out of Pocket$128Mortgage P&I$88660%Property Taxes$25417%Insurance$755%HOA$151%Management$14910%CapEx$745%Vacancy$896%Maintenance$745%

Investment Breakdown

|

Purchase Price

$172k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,036

Downpayment

20%

$34,320

Closing costs

1%

$1,716

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,488

Total Expenses

$1,616

Mortgage P&I

60%

$886

Property Taxes

17%

$254

Home Insurance

5%

$75

HOA

1%

$15

Property Management

10%

$149

CapEx

5%

$74

Vacancy

6%

$89

Maintenance

5%

$74

Other

0%

$0

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