REI Lense

REI Lense

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$2,368 (target)

11 Big Oak Ln, Texarkana, TX 75503

3 beds • 2 baths • 2097 sqft

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This property looks like a bad Long-Term investment with a projected -10.96% first-year return on $86,898 initial cash invested.

-10.96%

Cash On Cash

4.03%

Cap Rate

0.67

DSCR

$2,368

Rent

-$794

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,368 income − $3,162 expenses = $794 out of pocket

Income$2,368Out of Pocket$794Mortgage P&I$2,06487%Property Taxes$33514%Insurance$1486%Management$23710%CapEx$1185%Vacancy$1426%Maintenance$1185%

Investment Breakdown

|

Purchase Price

$414k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,898

Downpayment

20%

$82,760

Closing costs

1%

$4,138

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,368

Total Expenses

$3,162

Mortgage P&I

87%

$2,064

Property Taxes

14%

$335

Home Insurance

6%

$148

HOA

0%

$0

Property Management

10%

$237

CapEx

5%

$118

Vacancy

6%

$142

Maintenance

5%

$118

Other

0%

$0

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