REI Lense

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$2,544 (target)

34038 Stonewood Dr, Whitney, TX 76692

3 beds • 2 baths • 1840 sqft

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This property looks like a bad Mid-Term investment with a projected -10.18% first-year return on $89,274 initial cash invested.

-10.18%

Cash On Cash

3.78%

Cap Rate

0.62

DSCR

$2,544

Rent

-$757

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,544 income − $3,301 expenses = $757 out of pocket

Income$2,544Out of Pocket$757Mortgage P&I$1,72568%Property Taxes$40716%Insurance$1215%HOA$1837%Management$30512%CapEx$1024%Vacancy$763%Maintenance$1024%Other$28011%

Investment Breakdown

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Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,274

Downpayment

20%

$67,880

Closing costs

1%

$3,394

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,544

Total Expenses

$3,301

Mortgage P&I

68%

$1,725

Property Taxes

16%

$407

Home Insurance

5%

$121

HOA

7%

$183

Property Management

12%

$305

CapEx

4%

$102

Vacancy

3%

$76

Maintenance

4%

$102

Other

11%

$280

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