REI Lense

REI Lense

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$2,111 (target)

10 Edgewood Ln, Canyon, TX 79015

3 beds • 2 baths • 2229 sqft

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This property looks like a bad Long-Term investment with a projected -12.1% first-year return on $76,167 initial cash invested.

-12.1%

Cash On Cash

3.93%

Cap Rate

0.64

DSCR

$2,111

Rent

-$768

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,111 income − $2,879 expenses = $768 out of pocket

Income$2,111Out of Pocket$768Mortgage P&I$1,85088%Property Taxes$34816%Insurance$1316%Management$21110%CapEx$1065%Vacancy$1276%Maintenance$1065%

Investment Breakdown

|

Purchase Price

$363k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,167

Downpayment

20%

$72,540

Closing costs

1%

$3,627

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,111

Total Expenses

$2,879

Mortgage P&I

88%

$1,850

Property Taxes

16%

$348

Home Insurance

6%

$131

HOA

0%

$0

Property Management

10%

$211

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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