REI Lense

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$2,331 (target)

708 E 6th St, Sweeny, TX 77480

3 beds • 2 baths • 1227 sqft

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This property might be a fair Mid-Term investment with a projected 3.98% first-year return on $53,679 initial cash invested.

3.98%

Cash On Cash

8.25%

Cap Rate

1.3

DSCR

$2,331

Rent

$178

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,331 income − $2,153 expenses = $178 cash flow

Income$2,331Mortgage P&I$89738%Property Taxes$40417%Insurance$603%Management$28012%CapEx$934%Vacancy$703%Maintenance$934%Other$25611%Cash Flow$178

Investment Breakdown

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Purchase Price

$170k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,679

Downpayment

20%

$33,980

Closing costs

1%

$1,699

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,331

Total Expenses

$2,153

Mortgage P&I

38%

$897

Property Taxes

17%

$404

Home Insurance

3%

$60

HOA

0%

$0

Property Management

12%

$280

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$256

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