REI Lense

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906 River Creek Dr, La Porte, TX 77571

3 beds • 2 baths • 1419 sqft

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This property looks like a bad Airbnb investment with a projected -0.91% first-year return on $77,850 initial cash invested.

-0.91%

Cash On Cash

6.32%

Cap Rate

1.06

DSCR

$3,699

Rent

-$59

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,850

Downpayment

20%

$57,000

Closing costs

1%

$2,850

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,699

Total Expenses

$3,758

Mortgage P&I

38%

$1,412

Property Taxes

13%

$470

Home Insurance

3%

$100

HOA

0%

$0

Property Management

15%

$555

CapEx

4%

$148

Vacancy

0%

$0

Maintenance

4%

$148

Other

25%

$925

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