REI Lense

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$1,800 (target)

130 County Road 233, Carthage, TX 75633

3 beds • 2 baths • 1781 sqft

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This property might be a fair Long-Term investment with a projected 2.06% first-year return on $38,955 initial cash invested.

2.06%

Cash On Cash

7.37%

Cap Rate

1.16

DSCR

$1,800

Rent

$67

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,800 income − $1,733 expenses = $67 cash flow

Income$1,800Mortgage P&I$98355%Property Taxes$21712%Insurance$654%Management$18010%CapEx$905%Vacancy$1086%Maintenance$905%Cash Flow$67

Investment Breakdown

|

Purchase Price

$186k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,955

Downpayment

20%

$37,100

Closing costs

1%

$1,855

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,800

Total Expenses

$1,733

Mortgage P&I

55%

$983

Property Taxes

12%

$217

Home Insurance

4%

$65

HOA

0%

$0

Property Management

10%

$180

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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