REI Lense

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$1,424 (target)

2020 Snider Ave, Port Arthur, TX 77642

3 beds • 2 baths • 1144 sqft

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This property might be a fair Long-Term investment with a projected 9.19% first-year return on $27,279 initial cash invested.

9.19%

Cash On Cash

8.77%

Cap Rate

1.42

DSCR

$1,424

Rent

$209

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,424 income − $1,215 expenses = $209 cash flow

Income$1,424Mortgage P&I$66947%Property Taxes$1319%Insurance$463%Management$14210%CapEx$715%Vacancy$856%Maintenance$715%Cash Flow$209

Investment Breakdown

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Purchase Price

$130k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,279

Downpayment

20%

$25,980

Closing costs

1%

$1,299

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,424

Total Expenses

$1,215

Mortgage P&I

47%

$669

Property Taxes

9%

$131

Home Insurance

3%

$46

HOA

0%

$0

Property Management

10%

$142

CapEx

5%

$71

Vacancy

6%

$85

Maintenance

5%

$71

Other

0%

$0

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