REI Lense

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$4,287 (target)

106 Foxtail Ln, Gilmer, TX 75645

3 beds • 2 baths • 2452 sqft

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This property looks like a bad Mid-Term investment with a projected -1.88% first-year return on $111k initial cash invested.

-1.88%

Cash On Cash

6.01%

Cap Rate

1

DSCR

$4,287

Rent

-$174

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,287 income − $4,461 expenses = $174 out of pocket

Income$4,287Out of Pocket$174Mortgage P&I$2,21752%Property Taxes$62915%Insurance$1584%Management$51412%CapEx$1714%Vacancy$1293%Maintenance$1714%Other$47211%

Investment Breakdown

|

Purchase Price

$442k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,400

Closing costs

1%

$4,420

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,287

Total Expenses

$4,461

Mortgage P&I

52%

$2,217

Property Taxes

15%

$629

Home Insurance

4%

$158

HOA

0%

$0

Property Management

12%

$514

CapEx

4%

$171

Vacancy

3%

$129

Maintenance

4%

$171

Other

11%

$472

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