REI Lense

REI Lense

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$2,028 (target)

7918 Cardinal Landing Ln, Cypress, TX 77433

3 beds • 2 baths • 1746 sqft

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This property looks like a bad Long-Term investment with a projected -9.53% first-year return on $54,243 initial cash invested.

-9.53%

Cash On Cash

4.46%

Cap Rate

0.74

DSCR

$2,028

Rent

-$431

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,243

Downpayment

20%

$51,660

Closing costs

1%

$2,583

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,028

Total Expenses

$2,459

Mortgage P&I

64%

$1,291

Property Taxes

25%

$505

Home Insurance

5%

$96

HOA

2%

$40

Property Management

10%

$203

CapEx

5%

$101

Vacancy

6%

$122

Maintenance

5%

$101

Other

0%

$0

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