REI Lense

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$2,027 (target)

3223 Pecan Draw Ct, Sugar Land, TX 77479

3 beds • 3 baths • 1843 sqft

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This property looks like a bad Long-Term investment with a projected -9.65% first-year return on $56,679 initial cash invested.

-9.65%

Cash On Cash

4.45%

Cap Rate

0.74

DSCR

$2,027

Rent

-$456

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,027 income − $2,483 expenses = $456 out of pocket

Income$2,027Out of Pocket$456Mortgage P&I$1,35667%Property Taxes$46023%Insurance$945%HOA$462%Management$20310%CapEx$1015%Vacancy$1226%Maintenance$1015%

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,679

Downpayment

20%

$53,980

Closing costs

1%

$2,699

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,027

Total Expenses

$2,483

Mortgage P&I

67%

$1,356

Property Taxes

23%

$460

Home Insurance

5%

$94

HOA

2%

$46

Property Management

10%

$203

CapEx

5%

$101

Vacancy

6%

$122

Maintenance

5%

$101

Other

0%

$0

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