REI Lense

REI Lense

$3,477 (target)

2051 Edgemont Dr, Abilene, TX 79602

3 beds • 2 baths • 1848 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.17% first-year return on $86,250 initial cash invested.

1.17%

Cash On Cash

7.34%

Cap Rate

1.13

DSCR

$3,477

Rent

$84

Cashflow

Cash Flow

$3,477 income − $3,393 expenses = $84 cash flow

Income$3,477P&I$1,76651%Taxes$33210%Insurance$1143%Mgmt$41712%CapEx$1394%Vacancy$1043%Maint.$1394%Other$38211%Cash Flow$84

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,477

Total Expenses

$3,393

Mortgage P&I

51%

$1,766

Property Taxes

10%

$332

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$417

CapEx

4%

$139

Vacancy

3%

$104

Maintenance

4%

$139

Other

11%

$382

See Abilene, TX mid-term rental market →

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis