REI Lense

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$3,322 (target)

1100 Ceiba Cir, Brownsville, TX 78521

3 beds • 2 baths • 2020 sqft

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This property might be a fair Mid-Term investment with a projected 5.47% first-year return on $76,380 initial cash invested.

5.47%

Cash On Cash

8.12%

Cap Rate

1.34

DSCR

$3,322

Rent

$348

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,322 income − $2,974 expenses = $348 cash flow

Income$3,322Mortgage P&I$1,39942%Property Taxes$31810%Insurance$973%HOA$301%Management$39912%CapEx$1334%Vacancy$1003%Maintenance$1334%Other$36511%Cash Flow$348

Investment Breakdown

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Purchase Price

$278k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,380

Downpayment

20%

$55,600

Closing costs

1%

$2,780

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,322

Total Expenses

$2,974

Mortgage P&I

42%

$1,399

Property Taxes

10%

$318

Home Insurance

3%

$97

HOA

1%

$30

Property Management

12%

$399

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$365

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