REI Lense

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$1,855 (target)

814 Kimmons Dr, Alvin, TX 77511

3 beds • 2 baths • 1330 sqft

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This property looks like a bad Long-Term investment with a projected -7.93% first-year return on $48,300 initial cash invested.

-7.93%

Cash On Cash

5.07%

Cap Rate

0.81

DSCR

$1,855

Rent

-$319

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,855 income − $2,174 expenses = $319 out of pocket

Income$1,855Out of Pocket$319Mortgage P&I$1,19865%Property Taxes$41322%Insurance$804%Management$18610%CapEx$935%Vacancy$1116%Maintenance$935%

Investment Breakdown

|

Purchase Price

$230k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,300

Downpayment

20%

$46,000

Closing costs

1%

$2,300

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,855

Total Expenses

$2,174

Mortgage P&I

65%

$1,198

Property Taxes

22%

$413

Home Insurance

4%

$80

HOA

0%

$0

Property Management

10%

$186

CapEx

5%

$93

Vacancy

6%

$111

Maintenance

5%

$93

Other

0%

$0

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