REI Lense

REI Lense

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$1,500 (target)

15682 Highway 105, Cleveland, TX 77327

3 beds • 2 baths • 1541 sqft

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This property looks like a bad Long-Term investment with a projected -8.71% first-year return on $55,650 initial cash invested.

-8.71%

Cash On Cash

4.45%

Cap Rate

0.75

DSCR

$1,500

Rent

-$404

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,500

Total Expenses

$1,904

Mortgage P&I

87%

$1,312

Property Taxes

7%

$109

Home Insurance

6%

$93

HOA

0%

$0

Property Management

10%

$150

CapEx

5%

$75

Vacancy

6%

$90

Maintenance

5%

$75

Other

0%

$0

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