REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

111 W Gay Ave, Gladewater, TX 75647

3 beds • 2 baths • 1500 sqft

Email

This property could be a profitable Mid-Term investment with a projected 11.26% first-year return on $53,595 initial cash invested.

11.26%

Cash On Cash

10.36%

Cap Rate

1.7

DSCR

$2,496

Rent

$503

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$170k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,595

Downpayment

20%

$33,900

Closing costs

1%

$1,695

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,496

Total Expenses

$1,993

Mortgage P&I

35%

$861

Property Taxes

9%

$223

Home Insurance

2%

$59

HOA

0%

$0

Property Management

12%

$300

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$275

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis