REI Lense

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$2,925 (target)

398 Henry St, Alvin, TX 77511

3 beds • 2 baths • 1473 sqft

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This property might be a fair Mid-Term investment with a projected 0.21% first-year return on $73,482 initial cash invested.

0.21%

Cash On Cash

6.53%

Cap Rate

1.1

DSCR

$2,925

Rent

$13

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,925 income − $2,912 expenses = $13 cash flow

Income$2,925Mortgage P&I$1,30845%Property Taxes$49517%Insurance$943%HOA$201%Management$35112%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32211%Cash Flow$13

Investment Breakdown

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Purchase Price

$264k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,482

Downpayment

20%

$52,840

Closing costs

1%

$2,642

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,925

Total Expenses

$2,912

Mortgage P&I

45%

$1,308

Property Taxes

17%

$495

Home Insurance

3%

$94

HOA

1%

$20

Property Management

12%

$351

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$322

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