REI Lense

REI Lense

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$862 (target)

1813 W La Salle Ave, Harlingen, TX 78552

3 beds • 2 baths • 945 sqft

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This property looks like a bad Long-Term investment with a projected -12.1% first-year return on $32,529 initial cash invested.

-12.1%

Cash On Cash

4.04%

Cap Rate

0.65

DSCR

$862

Rent

-$328

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$862 income − $1,190 expenses = $328 out of pocket

Income$862Out of Pocket$328Mortgage P&I$80694%Property Taxes$10612%Insurance$546%Management$8610%CapEx$435%Vacancy$526%Maintenance$435%

Investment Breakdown

|

Purchase Price

$155k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$32,529

Downpayment

20%

$30,980

Closing costs

1%

$1,549

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$862

Total Expenses

$1,190

Mortgage P&I

94%

$806

Property Taxes

12%

$106

Home Insurance

6%

$54

HOA

0%

$0

Property Management

10%

$86

CapEx

5%

$43

Vacancy

6%

$52

Maintenance

5%

$43

Other

0%

$0

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