REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,218 (target)

1116 S 6th Ave, Denison, TX 75021

3 beds • 2 baths • 1264 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.22% first-year return on $61,029 initial cash invested.

-3.22%

Cash On Cash

6.31%

Cap Rate

0.93

DSCR

$2,218

Rent

-$164

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,218 income − $2,382 expenses = $164 out of pocket

Income$2,218Out of Pocket$164Mortgage P&I$1,15352%Property Taxes$40218%Insurance$723%Management$26612%CapEx$894%Vacancy$673%Maintenance$894%Other$24411%

Investment Breakdown

|

Purchase Price

$205k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,029

Downpayment

20%

$40,980

Closing costs

1%

$2,049

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,218

Total Expenses

$2,382

Mortgage P&I

52%

$1,153

Property Taxes

18%

$402

Home Insurance

3%

$72

HOA

0%

$0

Property Management

12%

$266

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$244

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis