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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 -1.83% first-year return on $16,380 initial cash invested.

Cash On Cash
-1.83%
Cap Rate
6.74%
Rent
$950
Signal: High
Cashflow
-$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  $950
Total Expenses  $975
Mortgage P&I  $415
Property Taxes  $76
Home Insurance  $27
HOA  $209
PManagement  $95
CapEx  $48
Vacancy  $57
Maintenance  $48
Other  $0
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#Comparable PropertyRentBedsBathsSQFTDistance
17520 Hornwood Dr, Apt 304$1000117200.2 mi
27520 Hornwood Dr, Unit 2$1000117210.2 mi
37200 Clarewood Dr, Apt 1904$900117100.6 mi
46001 Reims Rd, Apt 305$1000116930.3 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
96001 Reims Rd, Apt 311$900116930.3 mi
106001 Reims Rd, Apt 1101$945116930.3 mi
117637 Harwin Dr, Apt 45$950117400.7 mi
127637 Harwin Dr, Apt 61$950117400.7 mi
137637 Harwin Dr, Apt 29$950117400.7 mi
147637 Harwin Dr, Apt 30$950117400.7 mi
157520 Hornwood Dr, Apt 906$1150116600.2 mi
167510 Hornwood Dr, Apt 1602$1200116540.2 mi
177900 Bellaire Blvd$920116821.2 mi
188365 Sands Point Dr, Unit 221$1100117351.4 mi
196666 Harbor Town Dr, Apt A108$950116871.5 mi
208201 Richmond Ave, Apt 11$945116891.8 mi
216701 Sands Point Dr, Apt 96$1150117621.3 mi
226701 Sands Point Dr, Apt 62$1100117621.3 mi
236701 Sands Point Dr, Apt 8$1100117621.3 mi
246602 Harbor Town Dr, Apt 501$900117701.4 mi
256602 Harbor Town Dr, Apt 408$950117701.4 mi