REI Lense

REI Lense

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$1,859 (target)

14173 Spanish Point Dr, El Paso, TX 79938

3 beds • 3 baths • 2081 sqft

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This property looks like a bad Long-Term investment with a projected -13.94% first-year return on $57,225 initial cash invested.

-13.94%

Cash On Cash

3.52%

Cap Rate

0.58

DSCR

$1,859

Rent

-$665

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,859 income − $2,524 expenses = $665 out of pocket

Income$1,859Out of Pocket$665Mortgage P&I$1,37174%Property Taxes$57431%Insurance$955%Management$18610%CapEx$935%Vacancy$1126%Maintenance$935%

Investment Breakdown

|

Purchase Price

$273k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,225

Downpayment

20%

$54,500

Closing costs

1%

$2,725

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,859

Total Expenses

$2,524

Mortgage P&I

74%

$1,371

Property Taxes

31%

$574

Home Insurance

5%

$95

HOA

0%

$0

Property Management

10%

$186

CapEx

5%

$93

Vacancy

6%

$112

Maintenance

5%

$93

Other

0%

$0

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