REI Lense

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$3,740 (target)

1026 Reeves St, Abilene, TX 79602

3 beds • 3 baths • 1908 sqft

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This property might be a fair Long-Term investment with a projected 9.49% first-year return on $68,250 initial cash invested.

9.49%

Cash On Cash

8.65%

Cap Rate

1.45

DSCR

$3,740

Rent

$540

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,740 income − $3,200 expenses = $540 cash flow

Income$3,740Mortgage P&I$1,61543%Property Taxes$49913%Insurance$1143%Management$37410%CapEx$1875%Vacancy$2246%Maintenance$1875%Cash Flow$540

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,740

Total Expenses

$3,200

Mortgage P&I

43%

$1,615

Property Taxes

13%

$499

Home Insurance

3%

$114

HOA

0%

$0

Property Management

10%

$374

CapEx

5%

$187

Vacancy

6%

$224

Maintenance

5%

$187

Other

0%

$0

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