REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

31503 Reston Cliff Ct, Spring, TX 77386

3 beds • 3 baths • 2515 sqft

Email

This property looks like a bad Long-Term investment with a projected -21.86% first-year return on $109k initial cash invested.

-21.86%

Cash On Cash

1.71%

Cap Rate

0.28

DSCR

$2,290

Rent

-$1,985

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$519k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$104k

Closing costs

1%

$5,190

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,290

Total Expenses

$4,275

Mortgage P&I

114%

$2,610

Property Taxes

36%

$826

Home Insurance

8%

$182

HOA

3%

$63

Property Management

10%

$229

CapEx

5%

$114

Vacancy

6%

$137

Maintenance

5%

$114

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

2831 Wild Oak Park Dr, Conroe, TX 77385

$1,995

3

2.5

2464

0.6 mi

31710 Royal Woods Ct, Conroe, TX 77385

$2,445

3

2.5

2444

0.5 mi

32406 Cross Spring Park Ln, Conroe, TX 77385

$2,100

3

2.5

2467

0.7 mi

32331 Hunter Park, Conroe, TX 77385

$1,789

3

3

2251

1 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis