REI Lense

REI Lense

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$2,126 (target)

4303 Fernside Dr, Pasadena, TX 77505

3 beds • 3 baths • 1660 sqft

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This property looks like a bad Long-Term investment with a projected -9.56% first-year return on $56,763 initial cash invested.

-9.56%

Cash On Cash

4.49%

Cap Rate

0.75

DSCR

$2,126

Rent

-$452

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,126 income − $2,578 expenses = $452 out of pocket

Income$2,126Out of Pocket$452Mortgage P&I$1,35764%Property Taxes$54225%Insurance$985%HOA$281%Management$21310%CapEx$1065%Vacancy$1286%Maintenance$1065%

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,763

Downpayment

20%

$54,060

Closing costs

1%

$2,703

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,126

Total Expenses

$2,578

Mortgage P&I

64%

$1,357

Property Taxes

25%

$542

Home Insurance

5%

$98

HOA

1%

$28

Property Management

10%

$213

CapEx

5%

$106

Vacancy

6%

$128

Maintenance

5%

$106

Other

0%

$0

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