REI Lense

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$3,396 (target)

7922 Linden Oaks Ln, Richmond, TX 77407

3 beds • 2 baths • 1940 sqft

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This property looks like a bad Mid-Term investment with a projected -1.92% first-year return on $86,040 initial cash invested.

-1.92%

Cash On Cash

5.97%

Cap Rate

1

DSCR

$3,396

Rent

-$138

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,396 income − $3,534 expenses = $138 out of pocket

Income$3,396Out of Pocket$138Mortgage P&I$1,61548%Property Taxes$60018%Insurance$1133%HOA$501%Management$40812%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37411%

Investment Breakdown

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Purchase Price

$324k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,040

Downpayment

20%

$64,800

Closing costs

1%

$3,240

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,396

Total Expenses

$3,534

Mortgage P&I

48%

$1,615

Property Taxes

18%

$600

Home Insurance

3%

$113

HOA

1%

$50

Property Management

12%

$408

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$374

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