REI Lense

REI Lense

Unlock all features! Tap here to upgrade

311 Shiraz Dr, Alvin, TX 77511

3 beds • 2 baths • 2280 sqft

Email

This property looks like a bad Airbnb investment with a projected -24.26% first-year return on $102k initial cash invested.

-24.26%

Cash On Cash

0.78%

Cap Rate

0.12

DSCR

$2,374

Rent

-$2,058

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,374 income − $4,432 expenses = $2,058 out of pocket

Income$2,374Out of Pocket$2,058Mortgage P&I$2,22194%Property Taxes$88937%Insurance$1406%HOA$422%Management$35615%CapEx$954%Maintenance$954%Other$59425%

Investment Breakdown

|

Purchase Price

$399k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,800

Closing costs

1%

$3,990

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,374

Total Expenses

$4,432

Mortgage P&I

94%

$2,221

Property Taxes

37%

$889

Home Insurance

6%

$140

HOA

2%

$42

Property Management

15%

$356

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$594

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis