REI Lense

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$1,996 (target)

118 Wedgewood St, Nacogdoches, TX 75961

3 beds • 2 baths • 1299 sqft

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This property might be a fair Mid-Term investment with a projected 8.77% first-year return on $52,650 initial cash invested.

8.77%

Cash On Cash

9.53%

Cap Rate

1.55

DSCR

$1,996

Rent

$385

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,996 income − $1,611 expenses = $385 cash flow

Income$1,996Mortgage P&I$84642%Property Taxes$271%Insurance$583%Management$24012%CapEx$804%Vacancy$603%Maintenance$804%Other$22011%Cash Flow$385

Investment Breakdown

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Purchase Price

$165k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,650

Downpayment

20%

$33,000

Closing costs

1%

$1,650

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,996

Total Expenses

$1,611

Mortgage P&I

42%

$846

Property Taxes

1%

$27

Home Insurance

3%

$58

HOA

0%

$0

Property Management

12%

$240

CapEx

4%

$80

Vacancy

3%

$60

Maintenance

4%

$80

Other

11%

$220

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