REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,770 (target)

32047 S Wiggins St, Magnolia, TX 77355

3 beds • 2 baths • 1707 sqft

Email

This property looks like a bad Long-Term investment with a projected -5.09% first-year return on $74,256 initial cash invested.

-5.09%

Cash On Cash

5.35%

Cap Rate

0.9

DSCR

$2,770

Rent

-$315

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,770 income − $3,085 expenses = $315 out of pocket

Income$2,770Out of Pocket$315Mortgage P&I$1,75363%Property Taxes$48718%Insurance$1265%Management$27710%CapEx$1385%Vacancy$1666%Maintenance$1385%

Investment Breakdown

|

Purchase Price

$354k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,256

Downpayment

20%

$70,720

Closing costs

1%

$3,536

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,770

Total Expenses

$3,085

Mortgage P&I

63%

$1,753

Property Taxes

18%

$487

Home Insurance

5%

$126

HOA

0%

$0

Property Management

10%

$277

CapEx

5%

$138

Vacancy

6%

$166

Maintenance

5%

$138

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis