REI Lense

REI Lense

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$1,628 (target)

1211 Crestmont St, Wharton, TX 77488

3 beds • 2 baths • 1343 sqft

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This property looks like a bad Long-Term investment with a projected -1.21% first-year return on $38,745 initial cash invested.

-1.21%

Cash On Cash

6.44%

Cap Rate

1.04

DSCR

$1,628

Rent

-$39

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,628 income − $1,667 expenses = $39 out of pocket

Income$1,628Out of Pocket$39Mortgage P&I$94858%Property Taxes$23114%Insurance$654%Management$16310%CapEx$815%Vacancy$986%Maintenance$815%

Investment Breakdown

|

Purchase Price

$185k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,745

Downpayment

20%

$36,900

Closing costs

1%

$1,845

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,628

Total Expenses

$1,667

Mortgage P&I

58%

$948

Property Taxes

14%

$231

Home Insurance

4%

$65

HOA

0%

$0

Property Management

10%

$163

CapEx

5%

$81

Vacancy

6%

$98

Maintenance

5%

$81

Other

0%

$0

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