REI Lense

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$2,521 (target)

6182 Newcastle Ln, League City, TX 77573

3 beds • 2 baths • 2083 sqft

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This property looks like a bad Long-Term investment with a projected -11.18% first-year return on $72,660 initial cash invested.

-11.18%

Cash On Cash

4.27%

Cap Rate

0.69

DSCR

$2,521

Rent

-$677

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,521 income − $3,198 expenses = $677 out of pocket

Income$2,521Out of Pocket$677Mortgage P&I$1,78171%Property Taxes$57623%Insurance$1215%HOA$653%Management$25210%CapEx$1265%Vacancy$1516%Maintenance$1265%

Investment Breakdown

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Purchase Price

$346k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,660

Downpayment

20%

$69,200

Closing costs

1%

$3,460

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,521

Total Expenses

$3,198

Mortgage P&I

71%

$1,781

Property Taxes

23%

$576

Home Insurance

5%

$121

HOA

3%

$65

Property Management

10%

$252

CapEx

5%

$126

Vacancy

6%

$151

Maintenance

5%

$126

Other

0%

$0

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