REI Lense

REI Lense

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$1,563 (target)

1330 Highway 1131, Vidor, TX 77662

3 beds • 2 baths • 1272 sqft

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This property might be a fair Long-Term investment with a projected 7.32% first-year return on $29,190 initial cash invested.

7.32%

Cash On Cash

8.62%

Cap Rate

1.34

DSCR

$1,563

Rent

$178

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,563 income − $1,385 expenses = $178 cash flow

Income$1,563Mortgage P&I$74348%Property Taxes$18712%Insurance$493%Management$15610%CapEx$785%Vacancy$946%Maintenance$785%Cash Flow$178

Investment Breakdown

|

Purchase Price

$139k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$29,190

Downpayment

20%

$27,800

Closing costs

1%

$1,390

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,563

Total Expenses

$1,385

Mortgage P&I

48%

$743

Property Taxes

12%

$187

Home Insurance

3%

$49

HOA

0%

$0

Property Management

10%

$156

CapEx

5%

$78

Vacancy

6%

$94

Maintenance

5%

$78

Other

0%

$0

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