REI Lense

REI Lense

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$1,699 (target)

828 Holly St, La Marque, TX 77568

3 beds • 2 baths • 1431 sqft

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This property looks like a bad Long-Term investment with a projected -9.17% first-year return on $49,350 initial cash invested.

-9.17%

Cash On Cash

4.82%

Cap Rate

0.76

DSCR

$1,699

Rent

-$377

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,699 income − $2,076 expenses = $377 out of pocket

Income$1,699Out of Pocket$377Mortgage P&I$1,23673%Property Taxes$31619%Insurance$825%Management$17010%CapEx$855%Vacancy$1026%Maintenance$855%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,699

Total Expenses

$2,076

Mortgage P&I

73%

$1,236

Property Taxes

19%

$316

Home Insurance

5%

$82

HOA

0%

$0

Property Management

10%

$170

CapEx

5%

$85

Vacancy

6%

$102

Maintenance

5%

$85

Other

0%

$0

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