REI Lense

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$3,087 (target)

400 Randle Dr, Woodway, TX 76712

3 beds • 2 baths • 1677 sqft

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This property might be a fair Mid-Term investment with a projected 3.94% first-year return on $71,529 initial cash invested.

3.94%

Cash On Cash

7.88%

Cap Rate

1.27

DSCR

$3,087

Rent

$235

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,087 income − $2,852 expenses = $235 cash flow

Income$3,087Mortgage P&I$1,31643%Property Taxes$39813%Insurance$893%Management$37012%CapEx$1234%Vacancy$933%Maintenance$1234%Other$34011%Cash Flow$235

Investment Breakdown

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Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,529

Downpayment

20%

$50,980

Closing costs

1%

$2,549

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,087

Total Expenses

$2,852

Mortgage P&I

43%

$1,316

Property Taxes

13%

$398

Home Insurance

3%

$89

HOA

0%

$0

Property Management

12%

$370

CapEx

4%

$123

Vacancy

3%

$93

Maintenance

4%

$123

Other

11%

$340

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