REI Lense

REI Lense

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$1,715 (target)

1593 Phillips Springs Rd, Gladewater, TX 75647

3 beds • 2 baths • 1470 sqft

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This property looks like a bad Long-Term investment with a projected -0.24% first-year return on $35,490 initial cash invested.

-0.24%

Cash On Cash

6.7%

Cap Rate

1.09

DSCR

$1,715

Rent

-$7

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,715 income − $1,722 expenses = $7 out of pocket

Income$1,715Out of Pocket$7Mortgage P&I$86550%Property Taxes$35120%Insurance$593%Management$17210%CapEx$865%Vacancy$1036%Maintenance$865%

Investment Breakdown

|

Purchase Price

$169k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,490

Downpayment

20%

$33,800

Closing costs

1%

$1,690

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,715

Total Expenses

$1,722

Mortgage P&I

50%

$865

Property Taxes

20%

$351

Home Insurance

3%

$59

HOA

0%

$0

Property Management

10%

$172

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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