REI Lense

REI Lense

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$3,630 (target)

426 27th St, San Leon, TX 77539

3 beds • 2 baths • 2378 sqft

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This property looks like a bad Mid-Term investment with a projected -5.35% first-year return on $96,141 initial cash invested.

-5.35%

Cash On Cash

5.21%

Cap Rate

0.85

DSCR

$3,630

Rent

-$429

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,630 income − $4,059 expenses = $429 out of pocket

Income$3,630Out of Pocket$429Mortgage P&I$1,90152%Property Taxes$81723%Insurance$1073%Management$43612%CapEx$1454%Vacancy$1093%Maintenance$1454%Other$39911%

Investment Breakdown

|

Purchase Price

$372k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,141

Downpayment

20%

$74,420

Closing costs

1%

$3,721

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,630

Total Expenses

$4,059

Mortgage P&I

52%

$1,901

Property Taxes

23%

$817

Home Insurance

3%

$107

HOA

0%

$0

Property Management

12%

$436

CapEx

4%

$145

Vacancy

3%

$109

Maintenance

4%

$145

Other

11%

$399

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