REI Lense

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$5,925 (target)

105 Lachite Dr #D, Horseshoe Bay, TX 78657

3 beds • 4 baths • 2196 sqft

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This property might be a fair Mid-Term investment with a projected 4.44% first-year return on $131k initial cash invested.

4.44%

Cash On Cash

7.64%

Cap Rate

1.27

DSCR

$5,925

Rent

$483

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,925 income − $5,442 expenses = $483 cash flow

Income$5,925Mortgage P&I$2,69245%Property Taxes$4908%Insurance$1883%HOA$571%Management$71112%CapEx$2374%Vacancy$1783%Maintenance$2374%Other$65211%Cash Flow$483

Investment Breakdown

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Purchase Price

$536k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$107k

Closing costs

1%

$5,359

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,925

Total Expenses

$5,442

Mortgage P&I

45%

$2,692

Property Taxes

8%

$490

Home Insurance

3%

$188

HOA

1%

$57

Property Management

12%

$711

CapEx

4%

$237

Vacancy

3%

$178

Maintenance

4%

$237

Other

11%

$652

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