REI Lense

REI Lense

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$4,329 (target)

33311 Greenfield Forest Dr, Magnolia, TX 77354

3 beds • 4 baths • 2543 sqft

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This property might be a fair Mid-Term investment with a projected 0.21% first-year return on $109k initial cash invested.

0.21%

Cash On Cash

6.41%

Cap Rate

1.09

DSCR

$4,329

Rent

$19

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$434k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,700

Closing costs

1%

$4,335

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,329

Total Expenses

$4,310

Mortgage P&I

49%

$2,122

Property Taxes

12%

$520

Home Insurance

4%

$157

HOA

1%

$40

Property Management

12%

$519

CapEx

4%

$173

Vacancy

3%

$130

Maintenance

4%

$173

Other

11%

$476

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