REI Lense

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$3,351 (target)

311 Volute Dr, Rosharon, TX 77583

3 beds • 2 baths • 1925 sqft

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This property might be a fair Mid-Term investment with a projected 1.53% first-year return on $73,608 initial cash invested.

1.53%

Cash On Cash

7.16%

Cap Rate

1.17

DSCR

$3,351

Rent

$94

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,351 income − $3,257 expenses = $94 cash flow

Income$3,351Mortgage P&I$1,35240%Property Taxes$62519%Insurance$943%HOA$461%Management$40212%CapEx$1344%Vacancy$1013%Maintenance$1344%Other$36911%Cash Flow$94

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,608

Downpayment

20%

$52,960

Closing costs

1%

$2,648

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,351

Total Expenses

$3,257

Mortgage P&I

40%

$1,352

Property Taxes

19%

$625

Home Insurance

3%

$94

HOA

1%

$46

Property Management

12%

$402

CapEx

4%

$134

Vacancy

3%

$101

Maintenance

4%

$134

Other

11%

$369

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