REI Lense

REI Lense

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$1,239 (target)

1101 W Jefferson Ave, Harlingen, TX 78550

3 beds • 2 baths • 1092 sqft

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This property looks like a bad Long-Term investment with a projected -8.1% first-year return on $35,699 initial cash invested.

-8.1%

Cash On Cash

4.97%

Cap Rate

0.8

DSCR

$1,239

Rent

-$241

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,239 income − $1,480 expenses = $241 out of pocket

Income$1,239Out of Pocket$241Mortgage P&I$88371%Property Taxes$21517%Insurance$605%Management$12410%CapEx$625%Vacancy$746%Maintenance$625%

Investment Breakdown

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Purchase Price

$170k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,699

Downpayment

20%

$33,999

Closing costs

1%

$1,700

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,239

Total Expenses

$1,480

Mortgage P&I

71%

$883

Property Taxes

17%

$215

Home Insurance

5%

$60

HOA

0%

$0

Property Management

10%

$124

CapEx

5%

$62

Vacancy

6%

$74

Maintenance

5%

$62

Other

0%

$0

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