REI Lense

REI Lense

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$2,134 (target)

707 Landing Blvd, League City, TX 77573

3 beds • 2 baths • 1408 sqft

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This property looks like a bad Long-Term investment with a projected -9.01% first-year return on $65,100 initial cash invested.

-9.01%

Cash On Cash

4.59%

Cap Rate

0.76

DSCR

$2,134

Rent

-$489

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,134 income − $2,623 expenses = $489 out of pocket

Income$2,134Out of Pocket$489Mortgage P&I$1,56974%Property Taxes$39118%Insurance$1085%Management$21310%CapEx$1075%Vacancy$1286%Maintenance$1075%

Investment Breakdown

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Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,100

Downpayment

20%

$62,000

Closing costs

1%

$3,100

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,134

Total Expenses

$2,623

Mortgage P&I

74%

$1,569

Property Taxes

18%

$391

Home Insurance

5%

$108

HOA

0%

$0

Property Management

10%

$213

CapEx

5%

$107

Vacancy

6%

$128

Maintenance

5%

$107

Other

0%

$0

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