REI Lense

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$1,958 (target)

663 Danube Dr, Horizon City, TX 79928

3 beds • 2 baths • 1090 sqft

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This property looks like a bad Mid-Term investment with a projected -5.8% first-year return on $61,680 initial cash invested.

-5.8%

Cash On Cash

5.08%

Cap Rate

0.8

DSCR

$1,958

Rent

-$298

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,958 income − $2,256 expenses = $298 out of pocket

Income$1,958Out of Pocket$298Mortgage P&I$1,10156%Property Taxes$41721%Insurance$734%Management$23512%CapEx$784%Vacancy$593%Maintenance$784%Other$21511%

Investment Breakdown

|

Purchase Price

$208k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,680

Downpayment

20%

$41,600

Closing costs

1%

$2,080

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,958

Total Expenses

$2,256

Mortgage P&I

56%

$1,101

Property Taxes

21%

$417

Home Insurance

4%

$73

HOA

0%

$0

Property Management

12%

$235

CapEx

4%

$78

Vacancy

3%

$59

Maintenance

4%

$78

Other

11%

$215

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