REI Lense

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$2,217 (target)

122 Wood Cir, Iowa Park, TX 76367

3 beds • 2 baths • 1119 sqft

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This property might be a fair Mid-Term investment with a projected 4.62% first-year return on $54,750 initial cash invested.

4.62%

Cash On Cash

8.45%

Cap Rate

1.32

DSCR

$2,217

Rent

$211

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,217 income − $2,006 expenses = $211 cash flow

Income$2,217Mortgage P&I$93342%Property Taxes$25712%Insurance$613%Management$26612%CapEx$894%Vacancy$673%Maintenance$894%Other$24411%Cash Flow$211

Investment Breakdown

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Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,750

Downpayment

20%

$35,000

Closing costs

1%

$1,750

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,217

Total Expenses

$2,006

Mortgage P&I

42%

$933

Property Taxes

12%

$257

Home Insurance

3%

$61

HOA

0%

$0

Property Management

12%

$266

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$244

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