REI Lense

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$2,472 (target)

4318 Meadow Glenn Dr, Dickinson, TX 77539

3 beds • 3 baths • 2290 sqft

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This property looks like a bad Mid-Term investment with a projected -12.79% first-year return on $94,650 initial cash invested.

-12.79%

Cash On Cash

3.2%

Cap Rate

0.52

DSCR

$2,472

Rent

-$1,009

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,472 income − $3,481 expenses = $1,009 out of pocket

Income$2,472Out of Pocket$1,009Mortgage P&I$1,88276%Property Taxes$63025%Insurance$1285%Management$29712%CapEx$994%Vacancy$743%Maintenance$994%Other$27211%

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,650

Downpayment

20%

$73,000

Closing costs

1%

$3,650

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,472

Total Expenses

$3,481

Mortgage P&I

76%

$1,882

Property Taxes

25%

$630

Home Insurance

5%

$128

HOA

0%

$0

Property Management

12%

$297

CapEx

4%

$99

Vacancy

3%

$74

Maintenance

4%

$99

Other

11%

$272

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