REI Lense

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$3,682 (target)

314 Diamond Bay Dr, Dickinson, TX 77539

3 beds • 2 baths • 2144 sqft

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This property might be a fair Mid-Term investment with a projected 7.36% first-year return on $73,230 initial cash invested.

7.36%

Cash On Cash

8.7%

Cap Rate

1.45

DSCR

$3,682

Rent

$449

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,682 income − $3,233 expenses = $449 cash flow

Income$3,682Mortgage P&I$1,31136%Property Taxes$53515%Insurance$1143%HOA$221%Management$44212%CapEx$1474%Vacancy$1103%Maintenance$1474%Other$40511%Cash Flow$449

Investment Breakdown

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Purchase Price

$263k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,230

Downpayment

20%

$52,600

Closing costs

1%

$2,630

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,682

Total Expenses

$3,233

Mortgage P&I

36%

$1,311

Property Taxes

15%

$535

Home Insurance

3%

$114

HOA

1%

$22

Property Management

12%

$442

CapEx

4%

$147

Vacancy

3%

$110

Maintenance

4%

$147

Other

11%

$405

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