5414 Roaring Peaks Lane: 5414 Roaring Peaks Ln, Katy TX 77449

5414 Roaring Peaks Ln, Katy, TX 77449

Singlefamily: 3 bedrooms , 2 bathrooms

Year built: 2014, Size: 1470 SF

Investment strategy: Rental Property

Purchase Price$ 300,000

Rent$ 1,895/mo

Monthly Cash Flow$ 785

Cash on Cash Return3.08 %

Financial Analysis

Cash on Cash Return	3.08 %
Internal Rate of Return (IRR)	5.51 %
Capitalization Rate	3.09 %
Gross Rent Multiplier (GRM)	13.41
Debt-coverage Ratio (DCR)	0.00
Operating Expense Ratio (OER)	53.96 %
After Repair Value	$ 305,000

Financial Breakdown

Purchase Price	$ 300,000
Purchase Costs	$ 4,872
Repair/Construction Costs	$ 1,065
Total Capital Needed Total Capital Needed Includes all projects costs (except selling costs). Total Capital Needed Includes all projects costs (except selling costs).	$ 305,937
Financing	$ 0
Total Cash Needed Cash out of Pocket Shows rehabber's cash outlay. Cash out of Pocket Shows rehabber's cash outlay.	$ 305,937
Cash at Closing Cash at Closing This number includes down payment and loan points. Cash at Closing This number includes down payment and loan points.	$ 0
Cash During Rehab Cash During Rehab Shows the cash amount remaining to fund the purchase and rehab/construction. Cash During Rehab Shows the cash amount remaining to fund the purchase and rehab/construction.	$ 305,937

Operating Analysis

Rent	$ 1,895/mo
Gross Operating Income (GOI)	$ 20,466
Total Expenses	$ 11,044
Net Operating Income (NOI)	$ 9,422
Annual Debt Service	$ 0
Cash Flow Before Taxes (CFBT)	$ 9,422
Income Tax Liability	$ 174
Cash Flow After Taxes (CFAT)	$ 9,248

Like new one story home offering 3 bedrooms and two full bathrooms. Kitchen is open to family room. Open concept. Large primary bedroom with en-suite bathroom. Secondary bedrooms on opposite side of Primary bedroom feature large closets, carpet only in bedrooms. Large covered patio available, gutters all around home. Large backyard. Great location. Never flooded

Purchase Price	$ 300,000
Address	5414 Roaring Peaks Ln , Katy, 77449, TX
MLS^® #	74919232
Listing Agent	Zuri Perez Majul
Listing Broker	Zuri Properties
Year Built	2014
Type	Singlefamily
Size	1470 SF
Bedrooms	3
Bathrooms	2

Property History

Date	Price	Change	Event
6/6/2022

Annual Property Operating Data

Incomes		% of GOI
Gross Scheduled Income Gross Scheduled Income (GSI) Represents the total of monthly rents for the particular property, including the potential rents from vacant units and uncollectable rents. Gross Scheduled Income (GSI) Represents the total of monthly rents for the particular property, including the potential rents from vacant units and uncollectable rents.	$ 22,740
Total Gross Income	$ 22,740
Vacancy loss Vacancy and Credit Loss Part of the potential rental income that is lost because of unoccupied units or uncollectable rent from tenants. Vacancy and Credit Loss Part of the potential rental income that is lost because of unoccupied units or uncollectable rent from tenants.	$ 2,274
Gross Operating Income Gross Operating Income (GOI) An actual income which is expected to be collected in the property. Gross Operating Income (GOI) An actual income which is expected to be collected in the property.	$ 20,466	100.00 %
Expenses Operating Expenses Expenses necessary for maintaining the property and ensuring its continued ability to produce income (doesn't include mortgage payments or depreciation). Operating Expenses Expenses necessary for maintaining the property and ensuring its continued ability to produce income (doesn't include mortgage payments or depreciation).
Property manager	$ 1,140	5.57 %
Utilities	$ 184	0.90 %
Insurance	$ 1,770	8.65 %
Repairs	$ 350	1.71 %
Association fees	$ 320	1.56 %
Property tax	$ 5,385	26.31 %
Commissions	$ 1,895	9.26 %
Total Expenses	$ 11,044	53.96 %
Net Operating Income Net Operating Income (NOI) Important measurement calculated as gross operating income minus operating expenses. Net Operating Income (NOI) Important measurement calculated as gross operating income minus operating expenses.	$ 9,422	46.04 %

Cash Flow (Year 1)

Net Operating Income	$ 9,422	46.04 %
Annual Debt Service	$ 0	0.00 %
Cash Flow Before Taxes (CFBT) Cash Flow All the inflows and outflows of cash for a certain property (including mortgage payments). We can calculate cash flow before taxes (CFBT) or cash flow after taxes (CFAT) which is CFBT minus any tax liability arising from the operation of the property. Cash Flow All the inflows and outflows of cash for a certain property (including mortgage payments). We can calculate cash flow before taxes (CFBT) or cash flow after taxes (CFAT) which is CFBT minus any tax liability arising from the operation of the property.	$ 9,422	46.04 %
Income Tax Liability	$ 174	0.85 %
Cash Flow After Taxes (CFAT) Cash Flow All the inflows and outflows of cash (including mortgage payments). We can calculate cash flow before taxes (CFBT) or cash flow after taxes (CFAT) which is CFBT minus any tax liability arising from the operation of the property. Cash Flow All the inflows and outflows of cash (including mortgage payments). We can calculate cash flow before taxes (CFBT) or cash flow after taxes (CFAT) which is CFBT minus any tax liability arising from the operation of the property.	$ 9,248	45.19 %

Operating Ratios

Operating Expense Ratio Operating Expense Ratio Ratio of the operating expenses to the gross operating income (GOI). Operating Expense Ratio Ratio of the operating expenses to the gross operating income (GOI).	53.96 %
Break-Even Ratio Break-Even Ratio (BER) Another benchmark used by mortgage lenders, estimating how vulnerable is a certain property to defaulting on its mortgage if part of the rental income is declined. Most of the lenders are looking for BER of 85% or less. Break-Even Ratio (BER) Another benchmark used by mortgage lenders, estimating how vulnerable is a certain property to defaulting on its mortgage if part of the rental income is declined. Most of the lenders are looking for BER of 85% or less.	53.96 %

Year	0	1	2	3	4	5	6	7	8	9	10	11	12	13	14	15	16	17	18	19	20
Operational Analysis
Gross Scheduled Income	0	22,740	23,195	23,659	24,132	24,615	25,107	25,609	26,121	26,644	27,176	27,720	28,274	28,840	29,417	30,005	30,605	31,217	31,842	32,478	33,128
Vacancy Loss	0	2,274	2,319	2,366	2,413	2,461	2,511	2,561	2,612	2,664	2,718	2,772	2,827	2,884	2,942	3,000	3,061	3,122	3,184	3,248	3,313
Gross Operating Income	0	20,466	20,875	21,293	21,719	22,153	22,596	23,048	23,509	23,979	24,459	24,948	25,447	25,956	26,475	27,004	27,545	28,095	28,657	29,231	29,815
Expenses	0	11,044	11,265	11,490	11,720	11,954	12,193	12,437	12,686	12,940	13,199	13,463	13,732	14,006	14,287	14,572	14,864	15,161	15,464	15,774	16,089
Net Operating Income	0	9,422	9,610	9,803	9,999	10,199	10,403	10,611	10,823	11,039	11,260	11,485	11,715	11,949	12,188	12,432	12,681	12,934	13,193	13,457	13,726
Cash Flow
Repairs/Construction	1,065	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flow Before Taxes	-305,937	9,422	9,610	9,803	9,999	10,199	10,403	10,611	10,823	11,039	11,260	11,485	11,715	11,949	12,188	12,432	12,681	12,934	13,193	13,457	13,726
Depreciation	0	8,727	8,727	8,727	8,727	8,727	8,727	8,727	8,727	8,727	8,727	8,727	8,727	8,727	8,727	8,727	8,727	8,727	8,727	8,727	8,727
Taxes	0	174	221	269	318	368	419	471	524	578	633	690	747	806	865	926	988	1,052	1,117	1,182	1,250
Cash Flow After Taxes	-305,937	9,248	9,390	9,534	9,681	9,831	9,984	10,140	10,299	10,461	10,627	10,796	10,968	11,144	11,323	11,506	11,692	11,883	12,077	12,274	12,476

Note: All amounts in the table above are in $

Property Report: 5414 Roaring Peaks Lane RENTAL

Property Report :

5414 Roaring Peaks Lane

5414 Roaring Peaks Ln, Katy, TX 77449

Executive Summary

5414 Roaring Peaks Ln, Katy, TX 77449

Financial Analysis

Financial Breakdown

Total Capital Needed

Total Capital Needed

Cash out of Pocket

Cash out of Pocket

Cash at Closing

Cash at Closing

Cash During Rehab

Cash During Rehab

Operating Analysis

Property Description

Property History

Operating Analysis

Annual Property Operating Data

Gross Scheduled Income (GSI)

Gross Scheduled Income (GSI)

Vacancy and Credit Loss

Vacancy and Credit Loss

Gross Operating Income (GOI)

Gross Operating Income (GOI)

Operating Expenses

Operating Expenses

Net Operating Income (NOI)

Net Operating Income (NOI)

Cash Flow (Year 1)

Cash Flow

Cash Flow

Cash Flow

Cash Flow

Operating Ratios

Operating Expense Ratio

Operating Expense Ratio

Break-Even Ratio (BER)

Break-Even Ratio (BER)

Long-term Cash Flow Forecast