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$3,184 (target)

13006 Rainey Ridge Ln, Abilene, TX 79602

3 beds • 2 baths • 1802 sqft

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This property looks like a bad Mid-Term investment with a projected -6.05% first-year return on $107k initial cash invested.

-6.05%

Cash On Cash

4.77%

Cap Rate

0.8

DSCR

$3,184

Rent

-$541

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,184 income − $3,725 expenses = $541 out of pocket

Income$3,184Out of Pocket$541Mortgage P&I$2,10466%Property Taxes$39012%Insurance$1495%Management$38212%CapEx$1274%Vacancy$963%Maintenance$1274%Other$35011%

Investment Breakdown

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Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,000

Closing costs

1%

$4,250

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,184

Total Expenses

$3,725

Mortgage P&I

66%

$2,104

Property Taxes

12%

$390

Home Insurance

5%

$149

HOA

0%

$0

Property Management

12%

$382

CapEx

4%

$127

Vacancy

3%

$96

Maintenance

4%

$127

Other

11%

$350

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