REI Lense

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$2,154 (target)

162 Irving Dr, Whitney, TX 76692

3 beds • 2 baths • 1258 sqft

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This property might be a fair Mid-Term investment with a projected 2.21% first-year return on $59,832 initial cash invested.

2.21%

Cash On Cash

7.42%

Cap Rate

1.19

DSCR

$2,154

Rent

$110

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,154 income − $2,044 expenses = $110 cash flow

Income$2,154Mortgage P&I$1,03648%Property Taxes$2049%Insurance$723%Management$25812%CapEx$864%Vacancy$653%Maintenance$864%Other$23711%Cash Flow$110

Investment Breakdown

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Purchase Price

$199k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,832

Downpayment

20%

$39,840

Closing costs

1%

$1,992

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,154

Total Expenses

$2,044

Mortgage P&I

48%

$1,036

Property Taxes

9%

$204

Home Insurance

3%

$72

HOA

0%

$0

Property Management

12%

$258

CapEx

4%

$86

Vacancy

3%

$65

Maintenance

4%

$86

Other

11%

$237

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