REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,388 (target)

503 Garden Way Ln, Pasadena, TX 77503

3 beds • 2 baths • 999 sqft

Email

This property might be a fair Mid-Term investment with a projected 7.15% first-year return on $49,500 initial cash invested.

7.15%

Cash On Cash

9.82%

Cap Rate

1.47

DSCR

$2,388

Rent

$295

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,388 income − $2,093 expenses = $295 cash flow

Income$2,388Mortgage P&I$83635%Property Taxes$39116%Insurance$522%Management$28712%CapEx$964%Vacancy$723%Maintenance$964%Other$26311%Cash Flow$295

Investment Breakdown

|

Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,500

Downpayment

20%

$30,000

Closing costs

1%

$1,500

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,388

Total Expenses

$2,093

Mortgage P&I

35%

$836

Property Taxes

16%

$391

Home Insurance

2%

$52

HOA

0%

$0

Property Management

12%

$287

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$263

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis