REI Lense

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$2,336 (target)

502 Saint Charles St, League City, TX 77573

3 beds • 3 baths • 1515 sqft

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This property might be a fair Long-Term investment with a projected 3.38% first-year return on $49,350 initial cash invested.

3.38%

Cash On Cash

7.54%

Cap Rate

1.21

DSCR

$2,336

Rent

$139

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,336 income − $2,197 expenses = $139 cash flow

Income$2,336Mortgage P&I$1,22152%Property Taxes$28612%Insurance$824%Management$23410%CapEx$1175%Vacancy$1406%Maintenance$1175%Cash Flow$139

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,336

Total Expenses

$2,197

Mortgage P&I

52%

$1,221

Property Taxes

12%

$286

Home Insurance

4%

$82

HOA

0%

$0

Property Management

10%

$234

CapEx

5%

$117

Vacancy

6%

$140

Maintenance

5%

$117

Other

0%

$0

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