REI Lense

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$1,989 (target)

2623 Bedrock Ln, Missouri City, TX 77489

3 beds • 2 baths • 1528 sqft

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This property looks like a bad Long-Term investment with a projected -16.17% first-year return on $64,050 initial cash invested.

-16.17%

Cash On Cash

3.02%

Cap Rate

0.5

DSCR

$1,989

Rent

-$863

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,989 income − $2,852 expenses = $863 out of pocket

Income$1,989Out of Pocket$863Mortgage P&I$1,53177%Property Taxes$63532%Insurance$1075%HOA$633%Management$19910%CapEx$995%Vacancy$1196%Maintenance$995%

Investment Breakdown

|

Purchase Price

$305k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,050

Downpayment

20%

$61,000

Closing costs

1%

$3,050

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,989

Total Expenses

$2,852

Mortgage P&I

77%

$1,531

Property Taxes

32%

$635

Home Insurance

5%

$107

HOA

3%

$63

Property Management

10%

$199

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

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