REI Lense

REI Lense

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$2,127 (target)

119 Castleman Cir, Hewitt, TX 76643

3 beds • 3 baths • 1496 sqft

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This property looks like a bad Long-Term investment with a projected -5.08% first-year return on $55,776 initial cash invested.

-5.08%

Cash On Cash

5.67%

Cap Rate

0.91

DSCR

$2,127

Rent

-$236

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,127 income − $2,363 expenses = $236 out of pocket

Income$2,127Out of Pocket$236Mortgage P&I$1,38665%Property Taxes$33016%Insurance$944%Management$21310%CapEx$1065%Vacancy$1286%Maintenance$1065%

Investment Breakdown

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Purchase Price

$266k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,776

Downpayment

20%

$53,120

Closing costs

1%

$2,656

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,127

Total Expenses

$2,363

Mortgage P&I

65%

$1,386

Property Taxes

16%

$330

Home Insurance

4%

$94

HOA

0%

$0

Property Management

10%

$213

CapEx

5%

$106

Vacancy

6%

$128

Maintenance

5%

$106

Other

0%

$0

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