REI Lense

REI Lense

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$1,436 (target)

162 Irving Dr, Whitney, TX 76692

3 beds • 2 baths • 1258 sqft

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This property looks like a bad Long-Term investment with a projected -7.17% first-year return on $41,832 initial cash invested.

-7.17%

Cash On Cash

5.17%

Cap Rate

0.83

DSCR

$1,436

Rent

-$250

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,436 income − $1,686 expenses = $250 out of pocket

Income$1,436Out of Pocket$250Mortgage P&I$1,03672%Property Taxes$20414%Insurance$725%Management$14410%CapEx$725%Vacancy$866%Maintenance$725%

Investment Breakdown

|

Purchase Price

$199k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,832

Downpayment

20%

$39,840

Closing costs

1%

$1,992

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,436

Total Expenses

$1,686

Mortgage P&I

72%

$1,036

Property Taxes

14%

$204

Home Insurance

5%

$72

HOA

0%

$0

Property Management

10%

$144

CapEx

5%

$72

Vacancy

6%

$86

Maintenance

5%

$72

Other

0%

$0

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