REI Lense

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$2,150 (target)

1814 S Virginia St, Amarillo, TX 79102

3 beds • 2 baths • 1734 sqft

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This property could be a profitable Long-Term investment with a projected 10.56% first-year return on $37,275 initial cash invested.

10.56%

Cash On Cash

9.11%

Cap Rate

1.48

DSCR

$2,150

Rent

$328

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,150 income − $1,822 expenses = $328 cash flow

Income$2,150Mortgage P&I$91242%Property Taxes$28813%Insurance$623%Management$21510%CapEx$1085%Vacancy$1296%Maintenance$1085%Cash Flow$328

Investment Breakdown

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Purchase Price

$178k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,275

Downpayment

20%

$35,500

Closing costs

1%

$1,775

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,150

Total Expenses

$1,822

Mortgage P&I

42%

$912

Property Taxes

13%

$288

Home Insurance

3%

$62

HOA

0%

$0

Property Management

10%

$215

CapEx

5%

$108

Vacancy

6%

$129

Maintenance

5%

$108

Other

0%

$0

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