REI Lense

REI Lense

Unlock all features! Tap here to upgrade

304 Edgewater St, Clute, TX 77531

3 beds • 2 baths • 1341 sqft

Email

This property looks like a bad Airbnb investment with a projected -9.78% first-year return on $59,979 initial cash invested.

-9.78%

Cash On Cash

3.8%

Cap Rate

0.6

DSCR

$1,599

Rent

-$489

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,599 income − $2,088 expenses = $489 out of pocket

Income$1,599Out of Pocket$489Mortgage P&I$1,05866%Property Taxes$19212%Insurance$704%Management$24015%CapEx$644%Maintenance$644%Other$40025%

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,599

Total Expenses

$2,088

Mortgage P&I

66%

$1,058

Property Taxes

12%

$192

Home Insurance

4%

$70

HOA

0%

$0

Property Management

15%

$240

CapEx

4%

$64

Vacancy

0%

$0

Maintenance

4%

$64

Other

25%

$400

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis