REI Lense

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$3,646 (target)

419 Drake Ln, League City, TX 77573

3 beds • 2 baths • 1801 sqft

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This property might be a fair Mid-Term investment with a projected 0.07% first-year return on $86,103 initial cash invested.

0.07%

Cash On Cash

6.7%

Cap Rate

1.09

DSCR

$3,646

Rent

$5

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,646 income − $3,641 expenses = $5 cash flow

Income$3,646Mortgage P&I$1,66146%Property Taxes$56215%Insurance$1163%HOA$622%Management$43812%CapEx$1464%Vacancy$1093%Maintenance$1464%Other$40111%Cash Flow$5

Investment Breakdown

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Purchase Price

$324k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,103

Downpayment

20%

$64,860

Closing costs

1%

$3,243

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,646

Total Expenses

$3,641

Mortgage P&I

46%

$1,661

Property Taxes

15%

$562

Home Insurance

3%

$116

HOA

2%

$62

Property Management

12%

$438

CapEx

4%

$146

Vacancy

3%

$109

Maintenance

4%

$146

Other

11%

$401

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