REI Lense

REI Lense

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$1,937 (target)

701 Oriole Ln, Pasadena, TX 77502

3 beds • 2 baths • 1611 sqft

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This property looks like a bad Long-Term investment with a projected -6.88% first-year return on $52,500 initial cash invested.

-6.88%

Cash On Cash

5.23%

Cap Rate

0.84

DSCR

$1,937

Rent

-$301

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,937 income − $2,238 expenses = $301 out of pocket

Income$1,937Out of Pocket$301Mortgage P&I$1,29367%Property Taxes$35318%Insurance$885%Management$19410%CapEx$975%Vacancy$1166%Maintenance$975%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,937

Total Expenses

$2,238

Mortgage P&I

67%

$1,293

Property Taxes

18%

$353

Home Insurance

5%

$88

HOA

0%

$0

Property Management

10%

$194

CapEx

5%

$97

Vacancy

6%

$116

Maintenance

5%

$97

Other

0%

$0

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