REI Lense

REI Lense

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$1,455 (target)

15314 Blake St, Edinburg, TX 78542

3 beds • 2 baths • 1582 sqft

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This property looks like a bad Long-Term investment with a projected -11.99% first-year return on $45,150 initial cash invested.

-11.99%

Cash On Cash

4.17%

Cap Rate

0.66

DSCR

$1,455

Rent

-$451

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,455 income − $1,906 expenses = $451 out of pocket

Income$1,455Out of Pocket$451Mortgage P&I$1,12677%Property Taxes$32622%Insurance$755%Management$14610%CapEx$735%Vacancy$876%Maintenance$735%

Investment Breakdown

|

Purchase Price

$215k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,150

Downpayment

20%

$43,000

Closing costs

1%

$2,150

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,455

Total Expenses

$1,906

Mortgage P&I

77%

$1,126

Property Taxes

22%

$326

Home Insurance

5%

$75

HOA

0%

$0

Property Management

10%

$146

CapEx

5%

$73

Vacancy

6%

$87

Maintenance

5%

$73

Other

0%

$0

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