REI Lense

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5 W Forest Ct, Conroe, TX 77384

3 beds • 4 baths • 3342 sqft

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This property looks like a bad Airbnb investment with a projected -19.38% first-year return on $192k initial cash invested.

-19.38%

Cash On Cash

1.61%

Cap Rate

0.27

DSCR

$2,702

Rent

-$3,103

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$829k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$192k

Downpayment

20%

$166k

Closing costs

1%

$8,290

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,702

Total Expenses

$5,805

Mortgage P&I

152%

$4,104

Property Taxes

3%

$92

Home Insurance

11%

$290

HOA

1%

$22

Property Management

15%

$405

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$676

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