REI Lense

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$2,764 (target)

11687 Buttercup Ln, Justin, TX 76247

3 beds • 2 baths • 1232 sqft

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This property might be a fair Mid-Term investment with a projected 1.06% first-year return on $72,558 initial cash invested.

1.06%

Cash On Cash

7.24%

Cap Rate

1.13

DSCR

$2,764

Rent

$64

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,764 income − $2,700 expenses = $64 cash flow

Income$2,764Mortgage P&I$1,39350%Property Taxes$27310%Insurance$933%Management$33212%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30411%Cash Flow$64

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,558

Downpayment

20%

$51,960

Closing costs

1%

$2,598

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,764

Total Expenses

$2,700

Mortgage P&I

50%

$1,393

Property Taxes

10%

$273

Home Insurance

3%

$93

HOA

0%

$0

Property Management

12%

$332

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$304

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