REI Lense

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$3,368 (target)

3303 Valley Gardens Dr, Kingwood, TX 77345

3 beds • 2 baths • 1760 sqft

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This property might be a fair Mid-Term investment with a projected 8.07% first-year return on $70,479 initial cash invested.

8.07%

Cash On Cash

9.22%

Cap Rate

1.46

DSCR

$3,368

Rent

$474

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,368 income − $2,894 expenses = $474 cash flow

Income$3,368Mortgage P&I$1,31239%Property Taxes$3129%Insurance$883%HOA$371%Management$40412%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37011%Cash Flow$474

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,479

Downpayment

20%

$49,980

Closing costs

1%

$2,499

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,368

Total Expenses

$2,894

Mortgage P&I

39%

$1,312

Property Taxes

9%

$312

Home Insurance

3%

$88

HOA

1%

$37

Property Management

12%

$404

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$370

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