REI Lense

REI Lense

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$1,776 (target)

1062 Fm 2965, Wills Point, TX 75169

3 beds • 2 baths • 2190 sqft

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This property looks like a bad Long-Term investment with a projected -3.94% first-year return on $47,250 initial cash invested.

-3.94%

Cash On Cash

5.91%

Cap Rate

0.94

DSCR

$1,776

Rent

-$155

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,776 income − $1,931 expenses = $155 out of pocket

Income$1,776Out of Pocket$155Mortgage P&I$1,17566%Property Taxes$21412%Insurance$794%Management$17810%CapEx$895%Vacancy$1076%Maintenance$895%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,776

Total Expenses

$1,931

Mortgage P&I

66%

$1,175

Property Taxes

12%

$214

Home Insurance

4%

$79

HOA

0%

$0

Property Management

10%

$178

CapEx

5%

$89

Vacancy

6%

$107

Maintenance

5%

$89

Other

0%

$0

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