REI Lense

REI Lense

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$3,116 (target)

1207 Grand Pass, Canyon Lake, TX 78133

3 beds • 2 baths • 1622 sqft

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This property looks like a bad Mid-Term investment with a projected -6.95% first-year return on $108k initial cash invested.

-6.95%

Cash On Cash

4.52%

Cap Rate

0.76

DSCR

$3,116

Rent

-$626

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,116 income − $3,742 expenses = $626 out of pocket

Income$3,116Out of Pocket$626Mortgage P&I$2,11768%Property Taxes$41513%Insurance$1505%Management$37412%CapEx$1254%Vacancy$933%Maintenance$1254%Other$34311%

Investment Breakdown

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Purchase Price

$429k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$85,800

Closing costs

1%

$4,290

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,116

Total Expenses

$3,742

Mortgage P&I

68%

$2,117

Property Taxes

13%

$415

Home Insurance

5%

$150

HOA

0%

$0

Property Management

12%

$374

CapEx

4%

$125

Vacancy

3%

$93

Maintenance

4%

$125

Other

11%

$343

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