REI Lense

REI Lense

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$1,592 (target)

107 College St, Joshua, TX 76058

3 beds • 2 baths • 1344 sqft

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This property looks like a bad Long-Term investment with a projected -4.03% first-year return on $41,139 initial cash invested.

-4.03%

Cash On Cash

5.91%

Cap Rate

0.94

DSCR

$1,592

Rent

-$138

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,592 income − $1,730 expenses = $138 out of pocket

Income$1,592Out of Pocket$138Mortgage P&I$1,02364%Property Taxes$22214%Insurance$704%Management$15910%CapEx$805%Vacancy$966%Maintenance$805%

Investment Breakdown

|

Purchase Price

$196k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,139

Downpayment

20%

$39,180

Closing costs

1%

$1,959

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,592

Total Expenses

$1,730

Mortgage P&I

64%

$1,023

Property Taxes

14%

$222

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$159

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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