REI Lense

REI Lense

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$2,814 (target)

3910 Ridge Canyon Rd, Baytown, TX 77521

3 beds • 2 baths • 1521 sqft

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This property might be a fair Mid-Term investment with a projected 3.37% first-year return on $65,250 initial cash invested.

3.37%

Cash On Cash

7.94%

Cap Rate

1.25

DSCR

$2,814

Rent

$183

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,814 income − $2,631 expenses = $183 cash flow

Income$2,814Mortgage P&I$1,19242%Property Taxes$40214%Insurance$793%Management$33812%CapEx$1134%Vacancy$843%Maintenance$1134%Other$31011%Cash Flow$183

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,814

Total Expenses

$2,631

Mortgage P&I

42%

$1,192

Property Taxes

14%

$402

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$338

CapEx

4%

$113

Vacancy

3%

$84

Maintenance

4%

$113

Other

11%

$310

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