REI Lense

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$1,700 (target)

29827 Shady Brook Ln, Magnolia, TX 77355

3 beds • 2 baths • 1176 sqft

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This property looks like a bad Long-Term investment with a projected -11.34% first-year return on $57,330 initial cash invested.

-11.34%

Cash On Cash

4.12%

Cap Rate

0.67

DSCR

$1,700

Rent

-$542

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,700 income − $2,242 expenses = $542 out of pocket

Income$1,700Out of Pocket$542Mortgage P&I$1,39582%Property Taxes$30718%Insurance$986%Management$17010%CapEx$855%Vacancy$1026%Maintenance$855%

Investment Breakdown

|

Purchase Price

$273k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,330

Downpayment

20%

$54,600

Closing costs

1%

$2,730

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,700

Total Expenses

$2,242

Mortgage P&I

82%

$1,395

Property Taxes

18%

$307

Home Insurance

6%

$98

HOA

0%

$0

Property Management

10%

$170

CapEx

5%

$85

Vacancy

6%

$102

Maintenance

5%

$85

Other

0%

$0

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