REI Lense

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$1,733 (target)

13 John Robert Ct, Longview, TX 75604

3 beds • 2 baths • 1404 sqft

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This property looks like a bad Long-Term investment with a projected -4.9% first-year return on $41,370 initial cash invested.

-4.9%

Cash On Cash

5.89%

Cap Rate

0.92

DSCR

$1,733

Rent

-$169

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,733 income − $1,902 expenses = $169 out of pocket

Income$1,733Out of Pocket$169Mortgage P&I$1,04961%Property Taxes$33419%Insurance$684%Management$17310%CapEx$875%Vacancy$1046%Maintenance$875%

Investment Breakdown

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Purchase Price

$197k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,370

Downpayment

20%

$39,400

Closing costs

1%

$1,970

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,733

Total Expenses

$1,902

Mortgage P&I

61%

$1,049

Property Taxes

19%

$334

Home Insurance

4%

$68

HOA

0%

$0

Property Management

10%

$173

CapEx

5%

$87

Vacancy

6%

$104

Maintenance

5%

$87

Other

0%

$0

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