REI Lense

REI Lense

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$1,539 (target)

11651 Riverside Rd, Socorro, TX 79927

3 beds • 2 baths • 1888 sqft

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This property looks like a bad Long-Term investment with a projected -3.68% first-year return on $39,123 initial cash invested.

-3.68%

Cash On Cash

6.13%

Cap Rate

0.96

DSCR

$1,539

Rent

-$120

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,539 income − $1,659 expenses = $120 out of pocket

Income$1,539Out of Pocket$120Mortgage P&I$99465%Property Taxes$20713%Insurance$584%Management$15410%CapEx$775%Vacancy$926%Maintenance$775%

Investment Breakdown

|

Purchase Price

$186k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,123

Downpayment

20%

$37,260

Closing costs

1%

$1,863

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,539

Total Expenses

$1,659

Mortgage P&I

65%

$994

Property Taxes

13%

$207

Home Insurance

4%

$58

HOA

0%

$0

Property Management

10%

$154

CapEx

5%

$77

Vacancy

6%

$92

Maintenance

5%

$77

Other

0%

$0

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