REI Lense

REI Lense

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$1,426 (target)

1002 Pine St, Bonham, TX 75418

3 beds • 2 baths • 1357 sqft

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This property looks like a bad Long-Term investment with a projected -9.32% first-year return on $40,950 initial cash invested.

-9.32%

Cash On Cash

4.9%

Cap Rate

0.76

DSCR

$1,426

Rent

-$318

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,426 income − $1,744 expenses = $318 out of pocket

Income$1,426Out of Pocket$318Mortgage P&I$1,04373%Property Taxes$26218%Insurance$685%Management$14310%CapEx$715%Vacancy$866%Maintenance$715%

Investment Breakdown

|

Purchase Price

$195k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,950

Downpayment

20%

$39,000

Closing costs

1%

$1,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,426

Total Expenses

$1,744

Mortgage P&I

73%

$1,043

Property Taxes

18%

$262

Home Insurance

5%

$68

HOA

0%

$0

Property Management

10%

$143

CapEx

5%

$71

Vacancy

6%

$86

Maintenance

5%

$71

Other

0%

$0

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