REI Lense

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$2,228 (target)

127 Fiesta Dr, Del Rio, TX 78840

3 beds • 2 baths • 1316 sqft

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This property might be a fair Mid-Term investment with a projected 2.64% first-year return on $62,373 initial cash invested.

2.64%

Cash On Cash

7.41%

Cap Rate

1.21

DSCR

$2,228

Rent

$137

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,228 income − $2,091 expenses = $137 cash flow

Income$2,228Mortgage P&I$1,07948%Property Taxes$1758%Insurance$804%Management$26712%CapEx$894%Vacancy$673%Maintenance$894%Other$24511%Cash Flow$137

Investment Breakdown

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Purchase Price

$211k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,373

Downpayment

20%

$42,260

Closing costs

1%

$2,113

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,228

Total Expenses

$2,091

Mortgage P&I

48%

$1,079

Property Taxes

8%

$175

Home Insurance

4%

$80

HOA

0%

$0

Property Management

12%

$267

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$245

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