REI Lense

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$2,910 (target)

1219 Horseshoe Dr, Hideaway, TX 75771

3 beds • 2 baths • 1800 sqft

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This property might be a fair Mid-Term investment with a projected 1.09% first-year return on $64,053 initial cash invested.

1.09%

Cash On Cash

7.22%

Cap Rate

1.15

DSCR

$2,910

Rent

$58

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,910 income − $2,852 expenses = $58 cash flow

Income$2,910Mortgage P&I$1,14539%Property Taxes$29710%Insurance$803%HOA$34212%Management$34912%CapEx$1164%Vacancy$873%Maintenance$1164%Other$32011%Cash Flow$58

Investment Breakdown

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Purchase Price

$219k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,053

Downpayment

20%

$43,860

Closing costs

1%

$2,193

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,910

Total Expenses

$2,852

Mortgage P&I

39%

$1,145

Property Taxes

10%

$297

Home Insurance

3%

$80

HOA

12%

$342

Property Management

12%

$349

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$320

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