REI Lense

REI Lense

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$1,690 (target)

190 Private Road 6605, Mineola, TX 75773

3 beds • 2 baths • 1517 sqft

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This property looks like a bad Long-Term investment with a projected -9.55% first-year return on $56,049 initial cash invested.

-9.55%

Cash On Cash

4.52%

Cap Rate

0.74

DSCR

$1,690

Rent

-$446

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,690 income − $2,136 expenses = $446 out of pocket

Income$1,690Out of Pocket$446Mortgage P&I$1,36881%Property Taxes$21313%Insurance$966%HOA$211%Management$16910%CapEx$845%Vacancy$1016%Maintenance$845%

Investment Breakdown

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Purchase Price

$267k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,049

Downpayment

20%

$53,380

Closing costs

1%

$2,669

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,690

Total Expenses

$2,136

Mortgage P&I

81%

$1,368

Property Taxes

13%

$213

Home Insurance

6%

$96

HOA

1%

$21

Property Management

10%

$169

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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