REI Lense

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$1,881 (target)

6222 Crakston St, Houston, TX 77084

3 beds • 2 baths • 1880 sqft

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This property looks like a bad Long-Term investment with a projected -12.2% first-year return on $57,750 initial cash invested.

-12.2%

Cash On Cash

3.83%

Cap Rate

0.64

DSCR

$1,881

Rent

-$587

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,881 income − $2,468 expenses = $587 out of pocket

Income$1,881Out of Pocket$587Mortgage P&I$1,37173%Property Taxes$48026%Insurance$965%HOA$322%Management$18810%CapEx$945%Vacancy$1136%Maintenance$945%

Investment Breakdown

|

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,881

Total Expenses

$2,468

Mortgage P&I

73%

$1,371

Property Taxes

26%

$480

Home Insurance

5%

$96

HOA

2%

$32

Property Management

10%

$188

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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