REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,309 (target)

2903 Michael Wayne Rd, Rosharon, TX 77583

3 beds • 3 baths • 1846 sqft

Email

This property looks like a bad Long-Term investment with a projected -24.4% first-year return on $179k initial cash invested.

-24.4%

Cash On Cash

1.31%

Cap Rate

0.21

DSCR

$2,309

Rent

-$3,629

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,309 income − $5,938 expenses = $3,629 out of pocket

Income$2,309Out of Pocket$3,629Mortgage P&I$4,444192%Property Taxes$59626%Insurance$29813%Management$23110%CapEx$1155%Vacancy$1396%Maintenance$1155%

Investment Breakdown

|

Purchase Price

$850k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$179k

Downpayment

20%

$170k

Closing costs

1%

$8,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,309

Total Expenses

$5,938

Mortgage P&I

192%

$4,444

Property Taxes

26%

$596

Home Insurance

13%

$298

HOA

0%

$0

Property Management

10%

$231

CapEx

5%

$115

Vacancy

6%

$139

Maintenance

5%

$115

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis