REI Lense

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$3,290 (target)

7627 Fremantle Ln, Baytown, TX 77523

3 beds • 2 baths • 1714 sqft

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This property might be a fair Mid-Term investment with a projected 0.63% first-year return on $76,779 initial cash invested.

0.63%

Cash On Cash

6.86%

Cap Rate

1.12

DSCR

$3,290

Rent

$40

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,290 income − $3,250 expenses = $40 cash flow

Income$3,290Mortgage P&I$1,42843%Property Taxes$54116%Insurance$983%HOA$632%Management$39512%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36211%Cash Flow$40

Investment Breakdown

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Purchase Price

$280k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,779

Downpayment

20%

$55,980

Closing costs

1%

$2,799

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,290

Total Expenses

$3,250

Mortgage P&I

43%

$1,428

Property Taxes

16%

$541

Home Insurance

3%

$98

HOA

2%

$63

Property Management

12%

$395

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$362

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