REI Lense

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$3,996 (target)

905 Essex Dr, Friendswood, TX 77546

3 beds • 3 baths • 1818 sqft

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This property might be a fair Mid-Term investment with a projected 1.51% first-year return on $94,671 initial cash invested.

1.51%

Cash On Cash

6.94%

Cap Rate

1.15

DSCR

$3,996

Rent

$119

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,996 income − $3,877 expenses = $119 cash flow

Income$3,996Mortgage P&I$1,83246%Property Taxes$55214%Insurance$1313%HOA$2Management$48012%CapEx$1604%Vacancy$1203%Maintenance$1604%Other$44011%Cash Flow$119

Investment Breakdown

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Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,671

Downpayment

20%

$73,020

Closing costs

1%

$3,651

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,996

Total Expenses

$3,877

Mortgage P&I

46%

$1,832

Property Taxes

14%

$552

Home Insurance

3%

$131

HOA

0%

$2

Property Management

12%

$480

CapEx

4%

$160

Vacancy

3%

$120

Maintenance

4%

$160

Other

11%

$440

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