REI Lense

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$3,242 (target)

1208 Warden St, Benbrook, TX 76126

3 beds • 2 baths • 1750 sqft

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This property might be a fair Mid-Term investment with a projected 2.69% first-year return on $83,982 initial cash invested.

2.69%

Cash On Cash

7.41%

Cap Rate

1.2

DSCR

$3,242

Rent

$188

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,242 income − $3,054 expenses = $188 cash flow

Income$3,242Mortgage P&I$1,62350%Property Taxes$2147%Insurance$1144%Management$38912%CapEx$1304%Vacancy$973%Maintenance$1304%Other$35711%Cash Flow$188

Investment Breakdown

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Purchase Price

$314k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,982

Downpayment

20%

$62,840

Closing costs

1%

$3,142

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,242

Total Expenses

$3,054

Mortgage P&I

50%

$1,623

Property Taxes

7%

$214

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$389

CapEx

4%

$130

Vacancy

3%

$97

Maintenance

4%

$130

Other

11%

$357

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