REI Lense

REI Lense

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$2,234 (target)

311 Volute Dr, Rosharon, TX 77583

3 beds • 2 baths • 1925 sqft

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This property looks like a bad Long-Term investment with a projected -10.01% first-year return on $55,608 initial cash invested.

-10.01%

Cash On Cash

4.53%

Cap Rate

0.74

DSCR

$2,234

Rent

-$464

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,234 income − $2,698 expenses = $464 out of pocket

Income$2,234Out of Pocket$464Mortgage P&I$1,35261%Property Taxes$62528%Insurance$944%HOA$462%Management$22310%CapEx$1125%Vacancy$1346%Maintenance$1125%

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,608

Downpayment

20%

$52,960

Closing costs

1%

$2,648

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,234

Total Expenses

$2,698

Mortgage P&I

61%

$1,352

Property Taxes

28%

$625

Home Insurance

4%

$94

HOA

2%

$46

Property Management

10%

$223

CapEx

5%

$112

Vacancy

6%

$134

Maintenance

5%

$112

Other

0%

$0

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