REI Lense

REI Lense

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$3,518 (target)

3715 Paladera Place Ct, Spring, TX 77386

3 beds • 2 baths • 2170 sqft

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This property looks like a bad Mid-Term investment with a projected -6.19% first-year return on $96,750 initial cash invested.

-6.19%

Cash On Cash

4.85%

Cap Rate

0.81

DSCR

$3,518

Rent

-$499

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,518

Total Expenses

$4,017

Mortgage P&I

53%

$1,875

Property Taxes

21%

$751

Home Insurance

4%

$131

HOA

2%

$63

Property Management

12%

$422

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$387

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