REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,518 (target)

311 Shiraz Dr, Alvin, TX 77511

3 beds • 2 baths • 2280 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.87% first-year return on $83,790 initial cash invested.

-9.87%

Cash On Cash

5.14%

Cap Rate

0.77

DSCR

$3,518

Rent

-$689

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,518 income − $4,207 expenses = $689 out of pocket

Income$3,518Out of Pocket$689Mortgage P&I$2,22163%Property Taxes$88925%Insurance$1404%HOA$421%Management$35210%CapEx$1765%Vacancy$2116%Maintenance$1765%

Investment Breakdown

|

Purchase Price

$399k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,790

Downpayment

20%

$79,800

Closing costs

1%

$3,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,518

Total Expenses

$4,207

Mortgage P&I

63%

$2,221

Property Taxes

25%

$889

Home Insurance

4%

$140

HOA

1%

$42

Property Management

10%

$352

CapEx

5%

$176

Vacancy

6%

$211

Maintenance

5%

$176

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis