REI LenseREI Lense
‌
  • Airbnb
  • Long-Term
  • Mid-Term
  • New

Project Rental Revenue For Any Address

View on Zillow
Long-Term Rental Analysis
7411 Crepe Myrtle Dr, Austin, TX 78744
$300,000 • 3 beds • 2 baths • 1339 sqft

This property looks like a bad Long-Term investment with a projected -11.7% first-year return on $63,000 initial cash invested.

Cash On Cash
-11.7%
Cap Rate
4.23%
Rent
$1,985
Cashflow
-$614
Rent Confidence:  High
Annual
$23,820
Median
$1,995
Avg
$1,986
Samples
25
Financing
Purchase Price  $300k
Downpayment  20.0%
Interest Rate  6.9%
Mortgage Duration  30yr.
Cash To Invest
Total  $63,000
Downpayment  20% $60,000
Closing costs  1% $3,000
Rehab  0% $0
Furnishing  0% $0
Cashflow
Total Income  $1,985
Total Expenses  $2,599
Mortgage P&I  79% $1,573
Property Taxes  20% $406
Home Insurance  5% $105
PManagement  10% $198
CapEx  5% $99
Vacancy  6% $119
Maintenance  5% $99
Other  0% $0
Google Maps with the subject property comparables is loading...
#Comparable PropertyRentBedsBathsSQFTDistance
18432 Fall Meadow Ln$17203213421.3 mi
26625 Doyal Dr$18793213431.3 mi
36617 Piedras Blanco Dr$19503214330.5 mi
46912 Walkup Ln$18503213431.6 mi
58613 Claude Ct$21503213431.6 mi
66701 Tara Dr$17953212310.4 mi
76801 Doyal Dr$19503213141.4 mi
86611 Zequiel Dr$20453215060.1 mi
97008 Walkup Ln$20003213141.6 mi
106312 Bumpstead Dr$21003213751.5 mi
117912 Eudora Ln$18953212310.7 mi
126704 Ranchito Dr$21003214720.8 mi
138017 Tee Dr$18003214201.4 mi
147920 Nater Ln$20003214261.3 mi
157821 Duber Ln$18503214261.4 mi
166512 Loretta White Ln$20503214800.8 mi
176917 Loretta White Ln$19953214721 mi
187813 Duber Ln$19753214261.4 mi
197900 Tee Dr$19003214361.4 mi
206817 Ranchito Dr$22503215120.9 mi
218317 Tripod Dr$20503212241.4 mi
226909 Ranchito Dr$21503215140.9 mi
238013 Briarton Dr$20503215180.9 mi
246313 Ken Caryl Dr$19953215180.9 mi
256913 Loretta White Ln$21503215141 mi

Projections