REI Lense

REI Lense

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$2,235 (target)

8 Cambridge Cir, Conroe, TX 77304

3 beds • 2 baths • 2274 sqft

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This property looks like a bad Long-Term investment with a projected -13.28% first-year return on $86,100 initial cash invested.

-13.28%

Cash On Cash

3.54%

Cap Rate

0.59

DSCR

$2,235

Rent

-$953

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,235 income − $3,188 expenses = $953 out of pocket

Income$2,235Out of Pocket$953Mortgage P&I$2,05092%Property Taxes$38917%Insurance$1446%HOA$231%Management$22410%CapEx$1125%Vacancy$1346%Maintenance$1125%

Investment Breakdown

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Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,100

Downpayment

20%

$82,000

Closing costs

1%

$4,100

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,235

Total Expenses

$3,188

Mortgage P&I

92%

$2,050

Property Taxes

17%

$389

Home Insurance

6%

$144

HOA

1%

$23

Property Management

10%

$224

CapEx

5%

$112

Vacancy

6%

$134

Maintenance

5%

$112

Other

0%

$0

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