REI Lense

REI Lense

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$1,585 (target)

151 County Road 2801, Cleveland, TX 77327

3 beds • 2 baths • 1344 sqft

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This property could be a profitable Long-Term investment with a projected 17.52% first-year return on $28,350 initial cash invested.

17.52%

Cash On Cash

10.44%

Cap Rate

1.72

DSCR

$1,585

Rent

$414

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$135k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$28,350

Downpayment

20%

$27,000

Closing costs

1%

$1,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,585

Total Expenses

$1,171

Mortgage P&I

43%

$682

Property Taxes

2%

$31

Home Insurance

3%

$47

HOA

0%

$0

Property Management

10%

$158

CapEx

5%

$79

Vacancy

6%

$95

Maintenance

5%

$79

Other

0%

$0

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