REI Lense

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$3,513 (target)

1613 Larkwood Dr, Austin, TX 78723

3 beds • 2 baths • 1192 sqft

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This property might be a fair Mid-Term investment with a projected 0.78% first-year return on $76,800 initial cash invested.

0.78%

Cash On Cash

6.95%

Cap Rate

1.13

DSCR

$3,513

Rent

$50

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,513 income − $3,463 expenses = $50 cash flow

Income$3,513Mortgage P&I$1,43141%Property Taxes$73921%Insurance$983%Management$42212%CapEx$1414%Vacancy$1053%Maintenance$1414%Other$38611%Cash Flow$50

Investment Breakdown

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Purchase Price

$280k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,800

Downpayment

20%

$56,000

Closing costs

1%

$2,800

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,513

Total Expenses

$3,463

Mortgage P&I

41%

$1,431

Property Taxes

21%

$739

Home Insurance

3%

$98

HOA

0%

$0

Property Management

12%

$422

CapEx

4%

$141

Vacancy

3%

$105

Maintenance

4%

$141

Other

11%

$386

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