REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,922 (target)

501 Pine Cluster Ct, Conroe, TX 77301

3 beds • 3 baths • 2180 sqft

Email

This property looks like a bad Long-Term investment with a projected -6.19% first-year return on $48,090 initial cash invested.

-6.19%

Cash On Cash

5.36%

Cap Rate

0.87

DSCR

$1,922

Rent

-$248

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,922 income − $2,170 expenses = $248 out of pocket

Income$1,922Out of Pocket$248Mortgage P&I$1,17561%Property Taxes$41622%Insurance$804%Management$19210%CapEx$965%Vacancy$1156%Maintenance$965%

Investment Breakdown

|

Purchase Price

$229k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,090

Downpayment

20%

$45,800

Closing costs

1%

$2,290

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,922

Total Expenses

$2,170

Mortgage P&I

61%

$1,175

Property Taxes

22%

$416

Home Insurance

4%

$80

HOA

0%

$0

Property Management

10%

$192

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis