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6161 Reims Rd #1, Houston, TX 77036

1 beds • 1 baths • 712 sqft

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This property looks like a bad Long-Term investment with a projected -6.67% first-year return on $16,380 initial cash invested.

-6.67%

Cash On Cash

5.65%

Cap Rate

0.88

DSCR

$860

Rent

-$91

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$78,000

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$16,380

Downpayment

20%

$15,600

Closing costs

1%

$780

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$860

Total Expenses

$951

Mortgage P&I

48%

$415

Property Taxes

9%

$76

Home Insurance

3%

$27

HOA

24%

$209

Property Management

10%

$86

CapEx

5%

$43

Vacancy

6%

$52

Maintenance

5%

$43

Other

0%

$0

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