REI Lense

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$2,852 (target)

202 W Pine St, Palestine, TX 75801

3 beds • 2 baths • 1803 sqft

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This property could be a profitable Mid-Term investment with a projected 17.62% first-year return on $54,750 initial cash invested.

17.62%

Cash On Cash

12.53%

Cap Rate

2.01

DSCR

$2,852

Rent

$804

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,852 income − $2,048 expenses = $804 cash flow

Income$2,852Mortgage P&I$91032%Property Taxes$1074%Insurance$612%Management$34212%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31411%Cash Flow$804

Investment Breakdown

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Purchase Price

$175k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,750

Downpayment

20%

$35,000

Closing costs

1%

$1,750

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,852

Total Expenses

$2,048

Mortgage P&I

32%

$910

Property Taxes

4%

$107

Home Insurance

2%

$61

HOA

0%

$0

Property Management

12%

$342

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$314

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