REI Lense

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$1,410 (target)

1503 Opossum Cir, Horizon City, TX 79928

3 beds • 2 baths • 1268 sqft

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This property looks like a bad Long-Term investment with a projected -13.26% first-year return on $40,194 initial cash invested.

-13.26%

Cash On Cash

3.95%

Cap Rate

0.63

DSCR

$1,410

Rent

-$444

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,410 income − $1,854 expenses = $444 out of pocket

Income$1,410Out of Pocket$444Mortgage P&I$1,00471%Property Taxes$41630%Insurance$685%Management$14110%CapEx$705%Vacancy$856%Maintenance$705%

Investment Breakdown

|

Purchase Price

$191k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,194

Downpayment

20%

$38,280

Closing costs

1%

$1,914

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,410

Total Expenses

$1,854

Mortgage P&I

71%

$1,004

Property Taxes

30%

$416

Home Insurance

5%

$68

HOA

0%

$0

Property Management

10%

$141

CapEx

5%

$70

Vacancy

6%

$85

Maintenance

5%

$70

Other

0%

$0

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