REI Lense

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$1,696 (target)

34038 Stonewood Dr, Whitney, TX 76692

3 beds • 2 baths • 1840 sqft

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This property looks like a bad Long-Term investment with a projected -19.9% first-year return on $71,274 initial cash invested.

-19.9%

Cash On Cash

2.22%

Cap Rate

0.36

DSCR

$1,696

Rent

-$1,182

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,696 income − $2,878 expenses = $1,182 out of pocket

Income$1,696Out of Pocket$1,182Mortgage P&I$1,725102%Property Taxes$40724%Insurance$1217%HOA$18311%Management$17010%CapEx$855%Vacancy$1026%Maintenance$855%

Investment Breakdown

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Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,274

Downpayment

20%

$67,880

Closing costs

1%

$3,394

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,696

Total Expenses

$2,878

Mortgage P&I

102%

$1,725

Property Taxes

24%

$407

Home Insurance

7%

$121

HOA

11%

$183

Property Management

10%

$170

CapEx

5%

$85

Vacancy

6%

$102

Maintenance

5%

$85

Other

0%

$0

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