REI Lense

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$3,142 (target)

459 Live Oak Rd, Wharton, TX 77488

3 beds • 3 baths • 2335 sqft

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This property looks like a bad Mid-Term investment with a projected -1.53% first-year return on $88,350 initial cash invested.

-1.53%

Cash On Cash

5.99%

Cap Rate

1.01

DSCR

$3,142

Rent

-$113

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,142 income − $3,255 expenses = $113 out of pocket

Income$3,142Out of Pocket$113Mortgage P&I$1,65953%Property Taxes$41013%Insurance$1174%Management$37712%CapEx$1264%Vacancy$943%Maintenance$1264%Other$34611%

Investment Breakdown

|

Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,350

Downpayment

20%

$67,000

Closing costs

1%

$3,350

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,142

Total Expenses

$3,255

Mortgage P&I

53%

$1,659

Property Taxes

13%

$410

Home Insurance

4%

$117

HOA

0%

$0

Property Management

12%

$377

CapEx

4%

$126

Vacancy

3%

$94

Maintenance

4%

$126

Other

11%

$346

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