REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,374 (target)

1610 W Lake Dr, Gladewater, TX 75647

3 beds • 4 baths • 2624 sqft

Email

This property looks like a bad Mid-Term investment with a projected -8.23% first-year return on $112k initial cash invested.

-8.23%

Cash On Cash

4.88%

Cap Rate

0.74

DSCR

$3,374

Rent

-$771

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,374 income − $4,145 expenses = $771 out of pocket

Income$3,374Out of Pocket$771Mortgage P&I$2,46673%Property Taxes$37411%Insurance$1585%Management$40512%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37111%

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,980

Closing costs

1%

$4,499

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,374

Total Expenses

$4,145

Mortgage P&I

73%

$2,466

Property Taxes

11%

$374

Home Insurance

5%

$158

HOA

0%

$0

Property Management

12%

$405

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$371

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis