REI Lense

REI Lense

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$1,890 (target)

1601 N 15th St, Temple, TX 76501

3 beds • 2 baths • 2305 sqft

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This property looks like a bad Long-Term investment with a projected -13.75% first-year return on $66,654 initial cash invested.

-13.75%

Cash On Cash

3.47%

Cap Rate

0.58

DSCR

$1,890

Rent

-$764

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$317k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,654

Downpayment

20%

$63,480

Closing costs

1%

$3,174

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,890

Total Expenses

$2,654

Mortgage P&I

84%

$1,587

Property Taxes

25%

$463

Home Insurance

6%

$114

HOA

0%

$0

Property Management

10%

$189

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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