REI Lense

REI Lense

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$1,512 (target)

1517 Blue Rock Rd, Mission, TX 78573

3 beds • 2 baths • 1120 sqft

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This property looks like a bad Long-Term investment with a projected -11.06% first-year return on $49,350 initial cash invested.

-11.06%

Cash On Cash

4.26%

Cap Rate

0.69

DSCR

$1,512

Rent

-$455

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,512 income − $1,967 expenses = $455 out of pocket

Income$1,512Out of Pocket$455Mortgage P&I$1,21480%Property Taxes$27718%Insurance$825%Management$15110%CapEx$765%Vacancy$916%Maintenance$765%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,512

Total Expenses

$1,967

Mortgage P&I

80%

$1,214

Property Taxes

18%

$277

Home Insurance

5%

$82

HOA

0%

$0

Property Management

10%

$151

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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