REI Lense

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$4,106 (target)

122 Lavaca Cir, Rockport, TX 78382

3 beds • 3 baths • 1696 sqft

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This property might be a fair Mid-Term investment with a projected 1.47% first-year return on $95,679 initial cash invested.

1.47%

Cash On Cash

6.83%

Cap Rate

1.15

DSCR

$4,106

Rent

$117

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,106 income − $3,989 expenses = $117 cash flow

Income$4,106Mortgage P&I$1,82444%Property Taxes$41410%Insurance$1303%HOA$2255%Management$49312%CapEx$1644%Vacancy$1233%Maintenance$1644%Other$45211%Cash Flow$117

Investment Breakdown

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Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,679

Downpayment

20%

$73,980

Closing costs

1%

$3,699

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,106

Total Expenses

$3,989

Mortgage P&I

44%

$1,824

Property Taxes

10%

$414

Home Insurance

3%

$130

HOA

5%

$225

Property Management

12%

$493

CapEx

4%

$164

Vacancy

3%

$123

Maintenance

4%

$164

Other

11%

$452

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