REI Lense

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$2,664 (target)

905 Essex Dr, Friendswood, TX 77546

3 beds • 3 baths • 1818 sqft

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This property looks like a bad Long-Term investment with a projected -8.53% first-year return on $76,671 initial cash invested.

-8.53%

Cash On Cash

4.67%

Cap Rate

0.78

DSCR

$2,664

Rent

-$545

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,664 income − $3,209 expenses = $545 out of pocket

Income$2,664Out of Pocket$545Mortgage P&I$1,83269%Property Taxes$55221%Insurance$1315%HOA$2Management$26610%CapEx$1335%Vacancy$1606%Maintenance$1335%

Investment Breakdown

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Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,671

Downpayment

20%

$73,020

Closing costs

1%

$3,651

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,664

Total Expenses

$3,209

Mortgage P&I

69%

$1,832

Property Taxes

21%

$552

Home Insurance

5%

$131

HOA

0%

$2

Property Management

10%

$266

CapEx

5%

$133

Vacancy

6%

$160

Maintenance

5%

$133

Other

0%

$0

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