REI Lense

REI Lense

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$1,716 (target)

714 Ivyhollow Dr, Channelview, TX 77530

3 beds • 2 baths • 1186 sqft

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This property looks like a bad Long-Term investment with a projected -12.32% first-year return on $52,290 initial cash invested.

-12.32%

Cash On Cash

4.16%

Cap Rate

0.66

DSCR

$1,716

Rent

-$537

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,716 income − $2,253 expenses = $537 out of pocket

Income$1,716Out of Pocket$537Mortgage P&I$1,31477%Property Taxes$40524%Insurance$875%Management$17210%CapEx$865%Vacancy$1036%Maintenance$865%

Investment Breakdown

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Purchase Price

$249k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,290

Downpayment

20%

$49,800

Closing costs

1%

$2,490

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,716

Total Expenses

$2,253

Mortgage P&I

77%

$1,314

Property Taxes

24%

$405

Home Insurance

5%

$87

HOA

0%

$0

Property Management

10%

$172

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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