REI Lense

REI Lense

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$2,282 (target)

6658 Hawkins Hill Ln, Dickinson, TX 77539

3 beds • 2 baths • 1745 sqft

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This property looks like a bad Long-Term investment with a projected -12.02% first-year return on $62,286 initial cash invested.

-12.02%

Cash On Cash

3.87%

Cap Rate

0.65

DSCR

$2,282

Rent

-$624

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,282 income − $2,906 expenses = $624 out of pocket

Income$2,282Out of Pocket$624Mortgage P&I$1,46764%Property Taxes$69130%Insurance$1055%HOA$502%Management$22810%CapEx$1145%Vacancy$1376%Maintenance$1145%

Investment Breakdown

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Purchase Price

$297k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,286

Downpayment

20%

$59,320

Closing costs

1%

$2,966

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,282

Total Expenses

$2,906

Mortgage P&I

64%

$1,467

Property Taxes

30%

$691

Home Insurance

5%

$105

HOA

2%

$50

Property Management

10%

$228

CapEx

5%

$114

Vacancy

6%

$137

Maintenance

5%

$114

Other

0%

$0

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