REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1832 Phillips Springs Rd, Gladewater, TX 75647

3 beds • 2 baths • 1802 sqft

Email

This property looks like a bad Airbnb investment with a projected -3.93% first-year return on $72,390 initial cash invested.

-3.93%

Cash On Cash

5.56%

Cap Rate

0.91

DSCR

$2,951

Rent

-$237

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,951 income − $3,188 expenses = $237 out of pocket

Income$2,951Out of Pocket$237Mortgage P&I$1,32045%Property Taxes$36012%Insurance$913%Management$44315%CapEx$1184%Maintenance$1184%Other$73825%

Investment Breakdown

|

Purchase Price

$259k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,390

Downpayment

20%

$51,800

Closing costs

1%

$2,590

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,951

Total Expenses

$3,188

Mortgage P&I

45%

$1,320

Property Taxes

12%

$360

Home Insurance

3%

$91

HOA

0%

$0

Property Management

15%

$443

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$738

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis