REI Lense

REI Lense

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$1,889 (target)

11929 15th St, Santa Fe, TX 77510

3 beds • 2 baths • 1584 sqft

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This property looks like a bad Long-Term investment with a projected -2.77% first-year return on $41,979 initial cash invested.

-2.77%

Cash On Cash

6.35%

Cap Rate

1

DSCR

$1,889

Rent

-$97

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,889 income − $1,986 expenses = $97 out of pocket

Income$1,889Out of Pocket$97Mortgage P&I$1,06156%Property Taxes$36519%Insurance$704%Management$18910%CapEx$945%Vacancy$1136%Maintenance$945%

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,889

Total Expenses

$1,986

Mortgage P&I

56%

$1,061

Property Taxes

19%

$365

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$189

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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