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Long-Term Rental Analysis
6161 Reims Rd #1, Houston, TX 77036
$78,0001 beds • 1 baths • 712 sqft

This property looks like a bad Long-Term investment with a projected -0.51% first-year return on $16,380 initial cash invested.

Cash On Cash
-0.51%
Cap Rate
7.03%
Rent
$973
Cashflow
-$7
Rent Confidence:  High
Annual
$11,676
Median
$950
Avg
$974
Samples
25
Financing

Purchase Price  $78,000
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $16,380
Downpayment  $15,600
Closing costs  $780
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $973
Total Expenses  $980
Mortgage P&I  $415
Property Taxes  $76
Home Insurance  $27
HOA  $209
PManagement  $97
CapEx  $49
Vacancy  $58
Maintenance  $49
Other  $0
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#Comparable PropertyRentBedsBathsSQFTDistance
17520 Hornwood Dr, Unit 2$1000117210.2 mi
27520 Hornwood Dr, Apt 304$1000117200.2 mi
37200 Clarewood Dr, Apt 1904$850117100.6 mi
46001 Reims Rd, Apt 305$999116930.3 mi
56001 Reims Rd, Apt 301$900116930.3 mi
66001 Reims Rd, Apt 306$825116930.3 mi
76001 Reims Rd, Apt 1103$900116930.3 mi
86001 Reims Rd, Apt 1208$850116930.3 mi
97637 Harwin Dr, Apt 45$950117400.7 mi
107637 Harwin Dr, Apt 61$950117400.7 mi
117637 Harwin Dr, Apt 29$950117400.7 mi
127637 Harwin Dr, Apt 30$950117400.7 mi
137520 Hornwood Dr, Apt 906$1150116600.2 mi
147510 Hornwood Dr, Apt 1302$950116530.2 mi
157520 Hornwood Dr, Apt 402$1100116540.2 mi
167900 Bellaire Blvd$920116821.2 mi
178365 Sands Point Dr, Unit 221$1100117351.4 mi
186666 Harbor Town Dr, Apt B202$975116871.5 mi
196666 Harbor Town Dr, Apt A108$950116871.5 mi
206701 Sands Point Dr, Apt 96$1150117621.3 mi
218423 Sands Point Dr$980117581.6 mi
228389 Sands Point Dr$1045117581.6 mi
238443 Sands Point Dr$1200117581.6 mi
246602 Harbor Town Dr, Apt 801$795117701.4 mi
256602 Harbor Town Dr, Apt 807$900117701.4 mi