REI Lense

REI Lense

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$2,460 (target)

167 Whistlers Cove Rd, Rockport, TX 78382

3 beds • 2 baths • 1673 sqft

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This property looks like a bad Long-Term investment with a projected -1.79% first-year return on $68,250 initial cash invested.

-1.79%

Cash On Cash

6.17%

Cap Rate

1.01

DSCR

$2,460

Rent

-$102

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,460 income − $2,562 expenses = $102 out of pocket

Income$2,460Out of Pocket$102Mortgage P&I$1,64967%Property Taxes$1596%Insurance$1145%Management$24610%CapEx$1235%Vacancy$1486%Maintenance$1235%

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,460

Total Expenses

$2,562

Mortgage P&I

67%

$1,649

Property Taxes

6%

$159

Home Insurance

5%

$114

HOA

0%

$0

Property Management

10%

$246

CapEx

5%

$123

Vacancy

6%

$148

Maintenance

5%

$123

Other

0%

$0

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