REI Lense

REI Lense

Unlock all features! Tap here to upgrade

9014 Springcroft Ct, Tomball, TX 77375

3 beds • 2 baths • 2424 sqft

Email

This property looks like a bad Airbnb investment with a projected -17.3% first-year return on $99,690 initial cash invested.

-17.3%

Cash On Cash

1.94%

Cap Rate

0.32

DSCR

$2,872

Rent

-$1,437

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,872 income − $4,309 expenses = $1,437 out of pocket

Income$2,872Out of Pocket$1,437Mortgage P&I$1,95168%Property Taxes$76427%Insurance$1365%HOA$793%Management$43115%CapEx$1154%Maintenance$1154%Other$71825%

Investment Breakdown

|

Purchase Price

$389k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,690

Downpayment

20%

$77,800

Closing costs

1%

$3,890

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,872

Total Expenses

$4,309

Mortgage P&I

68%

$1,951

Property Taxes

27%

$764

Home Insurance

5%

$136

HOA

3%

$79

Property Management

15%

$431

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$718

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis