REI Lense

REI Lense

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$1,920 (target)

2003 Hamilton Ln, Corsicana, TX 75109

3 beds • 3 baths • 2108 sqft

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This property looks like a bad Long-Term investment with a projected -17.47% first-year return on $95,466 initial cash invested.

-17.47%

Cash On Cash

2.62%

Cap Rate

0.43

DSCR

$1,920

Rent

-$1,390

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,920 income − $3,310 expenses = $1,390 out of pocket

Income$1,920Out of Pocket$1,390Mortgage P&I$2,286119%Property Taxes$35919%Insurance$1669%Management$19210%CapEx$965%Vacancy$1156%Maintenance$965%

Investment Breakdown

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Purchase Price

$455k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,466

Downpayment

20%

$90,920

Closing costs

1%

$4,546

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,920

Total Expenses

$3,310

Mortgage P&I

119%

$2,286

Property Taxes

19%

$359

Home Insurance

9%

$166

HOA

0%

$0

Property Management

10%

$192

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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