REI Lense

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$2,612 (target)

12116 E Fm 174, Bowie, TX 76230

3 beds • 3 baths • 1990 sqft

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This property looks like a bad Mid-Term investment with a projected -4.7% first-year return on $84,990 initial cash invested.

-4.7%

Cash On Cash

5.16%

Cap Rate

0.86

DSCR

$2,612

Rent

-$333

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,612 income − $2,945 expenses = $333 out of pocket

Income$2,612Out of Pocket$333Mortgage P&I$1,60261%Property Taxes$34513%Insurance$1124%Management$31312%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28711%

Investment Breakdown

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Purchase Price

$319k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,990

Downpayment

20%

$63,800

Closing costs

1%

$3,190

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,612

Total Expenses

$2,945

Mortgage P&I

61%

$1,602

Property Taxes

13%

$345

Home Insurance

4%

$112

HOA

0%

$0

Property Management

12%

$313

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$287

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