REI Lense

REI Lense

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$2,271 (target)

2622 Tarpon Dr, Texas City, TX 77591

3 beds • 3 baths • 2160 sqft

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This property looks like a bad Long-Term investment with a projected -5.04% first-year return on $55,209 initial cash invested.

-5.04%

Cash On Cash

5.37%

Cap Rate

0.91

DSCR

$2,271

Rent

-$232

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,271 income − $2,503 expenses = $232 out of pocket

Income$2,271Out of Pocket$232Mortgage P&I$1,29557%Property Taxes$52423%Insurance$934%Management$22710%CapEx$1145%Vacancy$1366%Maintenance$1145%

Investment Breakdown

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Purchase Price

$263k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,209

Downpayment

20%

$52,580

Closing costs

1%

$2,629

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,271

Total Expenses

$2,503

Mortgage P&I

57%

$1,295

Property Taxes

23%

$524

Home Insurance

4%

$93

HOA

0%

$0

Property Management

10%

$227

CapEx

5%

$114

Vacancy

6%

$136

Maintenance

5%

$114

Other

0%

$0

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