REI Lense

REI Lense

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$1,519 (target)

118 Redwood Dr, Palestine, TX 75801

3 beds • 2 baths • 1360 sqft

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This property might be a fair Long-Term investment with a projected 4.22% first-year return on $29,547 initial cash invested.

4.22%

Cash On Cash

7.74%

Cap Rate

1.25

DSCR

$1,519

Rent

$104

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,519 income − $1,415 expenses = $104 cash flow

Income$1,519Mortgage P&I$72848%Property Taxes$22815%Insurance$644%Management$15210%CapEx$765%Vacancy$916%Maintenance$765%Cash Flow$104

Investment Breakdown

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Purchase Price

$141k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$29,547

Downpayment

20%

$28,140

Closing costs

1%

$1,407

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,519

Total Expenses

$1,415

Mortgage P&I

48%

$728

Property Taxes

15%

$228

Home Insurance

4%

$64

HOA

0%

$0

Property Management

10%

$152

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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