REI Lense

REI Lense

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$5,034 (target)

1185 Springdale Rd, Austin, TX 78721

3 beds • 3 baths • 1850 sqft

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This property looks like a bad Mid-Term investment with a projected -4.94% first-year return on $135k initial cash invested.

-4.94%

Cash On Cash

5.23%

Cap Rate

0.87

DSCR

$5,034

Rent

-$558

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$559k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$135k

Downpayment

20%

$112k

Closing costs

1%

$5,594

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,034

Total Expenses

$5,592

Mortgage P&I

56%

$2,797

Property Taxes

18%

$886

Home Insurance

4%

$198

HOA

0%

$0

Property Management

12%

$604

CapEx

4%

$201

Vacancy

3%

$151

Maintenance

4%

$201

Other

11%

$554

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