REI Lense

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$1,942 (target)

6009 Hazelwood, Orange, TX 77632

3 beds • 2 baths • 1617 sqft

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This property might be a fair Long-Term investment with a projected 3.15% first-year return on $42,294 initial cash invested.

3.15%

Cash On Cash

7.38%

Cap Rate

1.2

DSCR

$1,942

Rent

$111

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,942 income − $1,831 expenses = $111 cash flow

Income$1,942Mortgage P&I$1,03053%Property Taxes$21011%Insurance$864%Management$19410%CapEx$975%Vacancy$1176%Maintenance$975%Cash Flow$111

Investment Breakdown

|

Purchase Price

$201k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,294

Downpayment

20%

$40,280

Closing costs

1%

$2,014

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,942

Total Expenses

$1,831

Mortgage P&I

53%

$1,030

Property Taxes

11%

$210

Home Insurance

4%

$86

HOA

0%

$0

Property Management

10%

$194

CapEx

5%

$97

Vacancy

6%

$117

Maintenance

5%

$97

Other

0%

$0

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