REI Lense

REI Lense

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$1,901 (target)

202 W Pine St, Palestine, TX 75801

3 beds • 2 baths • 1803 sqft

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This property could be a profitable Long-Term investment with a projected 10.74% first-year return on $36,750 initial cash invested.

10.74%

Cash On Cash

9.15%

Cap Rate

1.47

DSCR

$1,901

Rent

$329

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,901 income − $1,572 expenses = $329 cash flow

Income$1,901Mortgage P&I$91048%Property Taxes$1076%Insurance$613%Management$19010%CapEx$955%Vacancy$1146%Maintenance$955%Cash Flow$329

Investment Breakdown

|

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,750

Downpayment

20%

$35,000

Closing costs

1%

$1,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,901

Total Expenses

$1,572

Mortgage P&I

48%

$910

Property Taxes

6%

$107

Home Insurance

3%

$61

HOA

0%

$0

Property Management

10%

$190

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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