REI Lense

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$3,393 (target)

27222 Woodridge Glen Dr, Katy, TX 77493

3 beds • 2 baths • 1830 sqft

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This property might be a fair Mid-Term investment with a projected 0.3% first-year return on $90,660 initial cash invested.

0.3%

Cash On Cash

6.54%

Cap Rate

1.09

DSCR

$3,393

Rent

$23

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,393 income − $3,370 expenses = $23 cash flow

Income$3,393Mortgage P&I$1,72751%Property Taxes$35811%Insurance$1214%HOA$10Management$40712%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37311%Cash Flow$23

Investment Breakdown

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Purchase Price

$346k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,660

Downpayment

20%

$69,200

Closing costs

1%

$3,460

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,393

Total Expenses

$3,370

Mortgage P&I

51%

$1,727

Property Taxes

11%

$358

Home Insurance

4%

$121

HOA

0%

$10

Property Management

12%

$407

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$373

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