REI Lense

REI Lense

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$2,236 (target)

111 Water Crest Ln, Glenn Heights, TX 75154

3 beds • 2 baths • 2201 sqft

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This property looks like a bad Long-Term investment with a projected -8.17% first-year return on $83,139 initial cash invested.

-8.17%

Cash On Cash

4.78%

Cap Rate

0.78

DSCR

$2,236

Rent

-$566

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,236 income − $2,802 expenses = $566 out of pocket

Income$2,236Out of Pocket$566Mortgage P&I$2,03091%Property Taxes$512%Insurance$1396%Management$22410%CapEx$1125%Vacancy$1346%Maintenance$1125%

Investment Breakdown

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Purchase Price

$396k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,139

Downpayment

20%

$79,180

Closing costs

1%

$3,959

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,236

Total Expenses

$2,802

Mortgage P&I

91%

$2,030

Property Taxes

2%

$51

Home Insurance

6%

$139

HOA

0%

$0

Property Management

10%

$224

CapEx

5%

$112

Vacancy

6%

$134

Maintenance

5%

$112

Other

0%

$0

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