REI Lense

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$4,346 (target)

6243 Garden Lakes Ln, Sugar Land, TX 77479

3 beds • 2 baths • 2450 sqft

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This property looks like a bad Mid-Term investment with a projected -7.57% first-year return on $119k initial cash invested.

-7.57%

Cash On Cash

4.66%

Cap Rate

0.76

DSCR

$4,346

Rent

-$749

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$480k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$95,980

Closing costs

1%

$4,799

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,346

Total Expenses

$5,095

Mortgage P&I

56%

$2,439

Property Taxes

22%

$940

Home Insurance

4%

$168

HOA

2%

$70

Property Management

12%

$522

CapEx

4%

$174

Vacancy

3%

$130

Maintenance

4%

$174

Other

11%

$478

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