REI Lense

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$3,831 (target)

4007 Ivywood Dr, Pearland, TX 77584

3 beds • 2 baths • 1972 sqft

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This property might be a fair Mid-Term investment with a projected 5.37% first-year return on $79,950 initial cash invested.

5.37%

Cash On Cash

8.06%

Cap Rate

1.35

DSCR

$3,831

Rent

$358

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,831 income − $3,473 expenses = $358 cash flow

Income$3,831Mortgage P&I$1,47038%Property Taxes$58815%Insurance$1033%HOA$10Management$46012%CapEx$1534%Vacancy$1153%Maintenance$1534%Other$42111%Cash Flow$358

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,950

Downpayment

20%

$59,000

Closing costs

1%

$2,950

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,831

Total Expenses

$3,473

Mortgage P&I

38%

$1,470

Property Taxes

15%

$588

Home Insurance

3%

$103

HOA

0%

$10

Property Management

12%

$460

CapEx

4%

$153

Vacancy

3%

$115

Maintenance

4%

$153

Other

11%

$421

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