REI Lense

REI Lense

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$2,420 (target)

426 27th St, San Leon, TX 77539

3 beds • 2 baths • 2378 sqft

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This property looks like a bad Long-Term investment with a projected -15.88% first-year return on $78,141 initial cash invested.

-15.88%

Cash On Cash

3.19%

Cap Rate

0.52

DSCR

$2,420

Rent

-$1,034

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,420 income − $3,454 expenses = $1,034 out of pocket

Income$2,420Out of Pocket$1,034Mortgage P&I$1,90179%Property Taxes$81734%Insurance$1074%Management$24210%CapEx$1215%Vacancy$1456%Maintenance$1215%

Investment Breakdown

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Purchase Price

$372k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,141

Downpayment

20%

$74,420

Closing costs

1%

$3,721

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,420

Total Expenses

$3,454

Mortgage P&I

79%

$1,901

Property Taxes

34%

$817

Home Insurance

4%

$107

HOA

0%

$0

Property Management

10%

$242

CapEx

5%

$121

Vacancy

6%

$145

Maintenance

5%

$121

Other

0%

$0

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