REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,519 (target)

804 Tovrea Rd, Alvin, TX 77511

3 beds • 2 baths • 1724 sqft

Email

This property looks like a bad Mid-Term investment with a projected -6.1% first-year return on $92,655 initial cash invested.

-6.1%

Cash On Cash

5.75%

Cap Rate

0.84

DSCR

$3,519

Rent

-$471

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,519 income − $3,990 expenses = $471 out of pocket

Income$3,519Out of Pocket$471Mortgage P&I$2,03358%Property Taxes$67119%Insurance$893%Management$42212%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38711%

Investment Breakdown

|

Purchase Price

$356k

Downpayment

20.0%

Interest Rate

7.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,655

Downpayment

20%

$71,100

Closing costs

1%

$3,555

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,519

Total Expenses

$3,990

Mortgage P&I

58%

$2,033

Property Taxes

19%

$671

Home Insurance

3%

$89

HOA

0%

$0

Property Management

12%

$422

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$387

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis