REI Lense

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$3,027 (target)

6835 Blue Glade Dr, Richmond, TX 77406

3 beds • 2 baths • 1591 sqft

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This property looks like a bad Mid-Term investment with a projected -2.34% first-year return on $79,950 initial cash invested.

-2.34%

Cash On Cash

5.91%

Cap Rate

0.98

DSCR

$3,027

Rent

-$156

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,027 income − $3,183 expenses = $156 out of pocket

Income$3,027Out of Pocket$156Mortgage P&I$1,48849%Property Taxes$48816%Insurance$1033%HOA$752%Management$36312%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33311%

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,950

Downpayment

20%

$59,000

Closing costs

1%

$2,950

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,027

Total Expenses

$3,183

Mortgage P&I

49%

$1,488

Property Taxes

16%

$488

Home Insurance

3%

$103

HOA

2%

$75

Property Management

12%

$363

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$333

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