REI Lense

REI Lense

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$2,440 (target)

1419 W Combes Ave, Mission, TX 78573

3 beds • 2 baths • 1393 sqft

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This property looks like a bad Mid-Term investment with a projected -4.54% first-year return on $70,248 initial cash invested.

-4.54%

Cash On Cash

5.54%

Cap Rate

0.87

DSCR

$2,440

Rent

-$266

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,440 income − $2,706 expenses = $266 out of pocket

Income$2,440Out of Pocket$266Mortgage P&I$1,31754%Property Taxes$47119%Insurance$884%Management$29312%CapEx$984%Vacancy$733%Maintenance$984%Other$26811%

Investment Breakdown

|

Purchase Price

$249k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,248

Downpayment

20%

$49,760

Closing costs

1%

$2,488

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,440

Total Expenses

$2,706

Mortgage P&I

54%

$1,317

Property Taxes

19%

$471

Home Insurance

4%

$88

HOA

0%

$0

Property Management

12%

$293

CapEx

4%

$98

Vacancy

3%

$73

Maintenance

4%

$98

Other

11%

$268

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