REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,496 (target)

204 Highlands St, Rockport, TX 78382

3 beds • 2 baths • 1825 sqft

Email

This property looks like a bad Mid-Term investment with a projected -6.58% first-year return on $107k initial cash invested.

-6.58%

Cash On Cash

4.78%

Cap Rate

0.79

DSCR

$3,496

Rent

-$588

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,496 income − $4,084 expenses = $588 out of pocket

Income$3,496Out of Pocket$588Mortgage P&I$2,14161%Property Taxes$59417%Insurance$1494%HOA$10Management$42012%CapEx$1404%Vacancy$1053%Maintenance$1404%Other$38511%

Investment Breakdown

|

Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,000

Closing costs

1%

$4,250

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,496

Total Expenses

$4,084

Mortgage P&I

61%

$2,141

Property Taxes

17%

$594

Home Insurance

4%

$149

HOA

0%

$10

Property Management

12%

$420

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$385

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis