REI Lense

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$2,644 (target)

26023 Rolling Forest Ln, Hockley, TX 77447

3 beds • 2 baths • 1532 sqft

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This property looks like a bad Mid-Term investment with a projected -10.54% first-year return on $99,058 initial cash invested.

-10.54%

Cash On Cash

3.74%

Cap Rate

0.61

DSCR

$2,644

Rent

-$870

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,644 income − $3,514 expenses = $870 out of pocket

Income$2,644Out of Pocket$870Mortgage P&I$1,96674%Property Taxes$49119%Insurance$1355%HOA$231%Management$31712%CapEx$1064%Vacancy$793%Maintenance$1064%Other$29111%

Investment Breakdown

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Purchase Price

$386k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,058

Downpayment

20%

$77,198

Closing costs

1%

$3,860

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,644

Total Expenses

$3,514

Mortgage P&I

74%

$1,966

Property Taxes

19%

$491

Home Insurance

5%

$135

HOA

1%

$23

Property Management

12%

$317

CapEx

4%

$106

Vacancy

3%

$79

Maintenance

4%

$106

Other

11%

$291

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