REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,140 (target)

2947 Highland Lakes Dr, Missouri City, TX 77459

3 beds • 2 baths • 1798 sqft

Email

This property looks like a bad Long-Term investment with a projected -7.73% first-year return on $57,750 initial cash invested.

-7.73%

Cash On Cash

4.83%

Cap Rate

0.81

DSCR

$2,140

Rent

-$372

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,140 income − $2,512 expenses = $372 out of pocket

Income$2,140Out of Pocket$372Mortgage P&I$1,37164%Property Taxes$45021%Insurance$964%HOA$392%Management$21410%CapEx$1075%Vacancy$1286%Maintenance$1075%

Investment Breakdown

|

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,140

Total Expenses

$2,512

Mortgage P&I

64%

$1,371

Property Taxes

21%

$450

Home Insurance

4%

$96

HOA

2%

$39

Property Management

10%

$214

CapEx

5%

$107

Vacancy

6%

$128

Maintenance

5%

$107

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis