REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,242 (target)

8511 SNAKEWEED DR, Converse, TX 78109

3 beds • 2 baths • 1436 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.65% first-year return on $65,817 initial cash invested.

-3.65%

Cash On Cash

5.89%

Cap Rate

0.91

DSCR

$2,242

Rent

-$200

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,242 income − $2,442 expenses = $200 out of pocket

Income$2,242Out of Pocket$200Mortgage P&I$1,22855%Property Taxes$34615%Insurance$804%HOA$251%Management$26912%CapEx$904%Vacancy$673%Maintenance$904%Other$24711%

Investment Breakdown

|

Purchase Price

$228k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,817

Downpayment

20%

$45,540

Closing costs

1%

$2,277

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,242

Total Expenses

$2,442

Mortgage P&I

55%

$1,228

Property Taxes

15%

$346

Home Insurance

4%

$80

HOA

1%

$25

Property Management

12%

$269

CapEx

4%

$90

Vacancy

3%

$67

Maintenance

4%

$90

Other

11%

$247

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis