REI Lense

REI Lense

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$1,686 (target)

1620 W Lucas Dr, Beaumont, TX 77706

3 beds • 2 baths • 1432 sqft

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This property looks like a bad Long-Term investment with a projected -0.1% first-year return on $34,755 initial cash invested.

-0.1%

Cash On Cash

6.81%

Cap Rate

1.09

DSCR

$1,686

Rent

-$3

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,686 income − $1,689 expenses = $3 out of pocket

Income$1,686Out of Pocket$3Mortgage P&I$85851%Property Taxes$33920%Insurance$543%Management$16910%CapEx$845%Vacancy$1016%Maintenance$845%

Investment Breakdown

|

Purchase Price

$166k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,755

Downpayment

20%

$33,100

Closing costs

1%

$1,655

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,686

Total Expenses

$1,689

Mortgage P&I

51%

$858

Property Taxes

20%

$339

Home Insurance

3%

$54

HOA

0%

$0

Property Management

10%

$169

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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