REI Lense

REI Lense

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$1,547 (target)

12490 Deeds Ct, Azle, TX 76020

3 beds • 2 baths • 965 sqft

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This property looks like a bad Long-Term investment with a projected -12.12% first-year return on $57,729 initial cash invested.

-12.12%

Cash On Cash

3.75%

Cap Rate

0.63

DSCR

$1,547

Rent

-$583

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,547 income − $2,130 expenses = $583 out of pocket

Income$1,547Out of Pocket$583Mortgage P&I$1,36688%Property Taxes$26617%Insurance$966%Management$15510%CapEx$775%Vacancy$936%Maintenance$775%

Investment Breakdown

|

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,729

Downpayment

20%

$54,980

Closing costs

1%

$2,749

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,547

Total Expenses

$2,130

Mortgage P&I

88%

$1,366

Property Taxes

17%

$266

Home Insurance

6%

$96

HOA

0%

$0

Property Management

10%

$155

CapEx

5%

$77

Vacancy

6%

$93

Maintenance

5%

$77

Other

0%

$0

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