REI Lense

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$2,311 (target)

11325 Deer Trl, Amarillo, TX 79118

3 beds • 2 baths • 2062 sqft

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This property might be a fair Long-Term investment with a projected 2.2% first-year return on $56,721 initial cash invested.

2.2%

Cash On Cash

7.01%

Cap Rate

1.16

DSCR

$2,311

Rent

$104

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,311 income − $2,207 expenses = $104 cash flow

Income$2,311Mortgage P&I$1,35859%Property Taxes$1547%Insurance$934%Management$23110%CapEx$1165%Vacancy$1396%Maintenance$1165%Cash Flow$104

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,721

Downpayment

20%

$54,020

Closing costs

1%

$2,701

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,311

Total Expenses

$2,207

Mortgage P&I

59%

$1,358

Property Taxes

7%

$154

Home Insurance

4%

$93

HOA

0%

$0

Property Management

10%

$231

CapEx

5%

$116

Vacancy

6%

$139

Maintenance

5%

$116

Other

0%

$0

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