REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,572 (target)

1593 Phillips Springs Rd, Gladewater, TX 75647

3 beds • 2 baths • 1470 sqft

Email

This property might be a fair Mid-Term investment with a projected 9.47% first-year return on $53,490 initial cash invested.

9.47%

Cash On Cash

9.87%

Cap Rate

1.61

DSCR

$2,572

Rent

$422

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,572 income − $2,150 expenses = $422 cash flow

Income$2,572Mortgage P&I$86534%Property Taxes$35114%Insurance$592%Management$30912%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28311%Cash Flow$422

Investment Breakdown

|

Purchase Price

$169k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,490

Downpayment

20%

$33,800

Closing costs

1%

$1,690

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,572

Total Expenses

$2,150

Mortgage P&I

34%

$865

Property Taxes

14%

$351

Home Insurance

2%

$59

HOA

0%

$0

Property Management

12%

$309

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$283

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis