REI Lense

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$3,756 (target)

8555 Matthews Ln, Magnolia, TX 77354

3 beds • 2 baths • 2670 sqft

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This property looks like a bad Mid-Term investment with a projected -17.52% first-year return on $223k initial cash invested.

-17.52%

Cash On Cash

2.16%

Cap Rate

0.36

DSCR

$3,756

Rent

-$3,252

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,756 income − $7,008 expenses = $3,252 out of pocket

Income$3,756Out of Pocket$3,252Mortgage P&I$4,860129%Property Taxes$53014%Insurance$3419%Management$45112%CapEx$1504%Vacancy$1133%Maintenance$1504%Other$41311%

Investment Breakdown

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Purchase Price

$975k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$223k

Downpayment

20%

$195k

Closing costs

1%

$9,749

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,756

Total Expenses

$7,008

Mortgage P&I

129%

$4,860

Property Taxes

14%

$530

Home Insurance

9%

$341

HOA

0%

$0

Property Management

12%

$451

CapEx

4%

$150

Vacancy

3%

$113

Maintenance

4%

$150

Other

11%

$413

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