REI Lense

REI Lense

$2,530 (target)

142 Iowa Pl, Van, TX 75790

3 beds • 2 baths • 1512 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.46% first-year return on $58,341 initial cash invested.

3.46%

Cash On Cash

8.1%

Cap Rate

1.26

DSCR

$2,530

Rent

$168

Cashflow

Cash Flow

$2,530 income − $2,362 expenses = $168 cash flow

Income$2,530P&I$1,02841%Taxes$40416%Insurance$703%Mgmt$30412%CapEx$1014%Vacancy$763%Maint.$1014%Other$27811%Cash Flow$168

Investment Breakdown

|

Purchase Price

$192k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,341

Downpayment

20%

$38,420

Closing costs

1%

$1,921

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,530

Total Expenses

$2,362

Mortgage P&I

41%

$1,028

Property Taxes

16%

$404

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$304

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$278

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis