REI Lense

REI Lense

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$1,404 (target)

1404 Rice Dr, Lufkin, TX 75901

3 beds • 3 baths • 1736 sqft

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This property might be a fair Long-Term investment with a projected 5.7% first-year return on $33,495 initial cash invested.

5.7%

Cash On Cash

7.88%

Cap Rate

1.28

DSCR

$1,404

Rent

$159

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,404 income − $1,245 expenses = $159 cash flow

Income$1,404Mortgage P&I$81958%Property Taxes$6Insurance$564%Management$14010%CapEx$705%Vacancy$846%Maintenance$705%Cash Flow$159

Investment Breakdown

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Purchase Price

$160k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,495

Downpayment

20%

$31,900

Closing costs

1%

$1,595

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,404

Total Expenses

$1,245

Mortgage P&I

58%

$819

Property Taxes

0%

$6

Home Insurance

4%

$56

HOA

0%

$0

Property Management

10%

$140

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

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