REI Lense

REI Lense

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$2,548 (target)

3801 Misty Cove Ct, Dickinson, TX 77539

3 beds • 2 baths • 1601 sqft

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This property looks like a bad Long-Term investment with a projected -2.73% first-year return on $56,679 initial cash invested.

-2.73%

Cash On Cash

6.31%

Cap Rate

1

DSCR

$2,548

Rent

-$129

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,548 income − $2,677 expenses = $129 out of pocket

Income$2,548Out of Pocket$129Mortgage P&I$1,42156%Property Taxes$50020%Insurance$944%Management$25510%CapEx$1275%Vacancy$1536%Maintenance$1275%

Investment Breakdown

|

Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,679

Downpayment

20%

$53,980

Closing costs

1%

$2,699

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,548

Total Expenses

$2,677

Mortgage P&I

56%

$1,421

Property Taxes

20%

$500

Home Insurance

4%

$94

HOA

0%

$0

Property Management

10%

$255

CapEx

5%

$127

Vacancy

6%

$153

Maintenance

5%

$127

Other

0%

$0

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