REI Lense

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$1,652 (target)

185 Private Road 6604, Mineola, TX 75773

3 beds • 2 baths • 1484 sqft

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This property looks like a bad Long-Term investment with a projected -14.54% first-year return on $78,141 initial cash invested.

-14.54%

Cash On Cash

3.39%

Cap Rate

0.55

DSCR

$1,652

Rent

-$947

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,652 income − $2,599 expenses = $947 out of pocket

Income$1,652Out of Pocket$947Mortgage P&I$1,915116%Property Taxes$895%Insurance$1368%HOA$292%Management$16510%CapEx$835%Vacancy$996%Maintenance$835%

Investment Breakdown

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Purchase Price

$372k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,141

Downpayment

20%

$74,420

Closing costs

1%

$3,721

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,652

Total Expenses

$2,599

Mortgage P&I

116%

$1,915

Property Taxes

5%

$89

Home Insurance

8%

$136

HOA

2%

$29

Property Management

10%

$165

CapEx

5%

$83

Vacancy

6%

$99

Maintenance

5%

$83

Other

0%

$0

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