REI Lense

REI Lense

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$1,565 (target)

3127 County Road 510k, Brazoria, TX 77422

3 beds • 2 baths • 1320 sqft

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This property might be a fair Long-Term investment with a projected 4.03% first-year return on $33,390 initial cash invested.

4.03%

Cash On Cash

7.8%

Cap Rate

1.23

DSCR

$1,565

Rent

$112

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,565 income − $1,453 expenses = $112 cash flow

Income$1,565Mortgage P&I$84354%Property Taxes$1489%Insurance$564%Management$15610%CapEx$785%Vacancy$946%Maintenance$785%Cash Flow$112

Investment Breakdown

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Purchase Price

$159k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,390

Downpayment

20%

$31,800

Closing costs

1%

$1,590

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,565

Total Expenses

$1,453

Mortgage P&I

54%

$843

Property Taxes

9%

$148

Home Insurance

4%

$56

HOA

0%

$0

Property Management

10%

$156

CapEx

5%

$78

Vacancy

6%

$94

Maintenance

5%

$78

Other

0%

$0

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