REI Lense

REI Lense

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$2,458 (target)

209 Miles St, Longview, TX 75605

3 beds • 2 baths • 1290 sqft

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This property could be a profitable Mid-Term investment with a projected 10.85% first-year return on $53,322 initial cash invested.

10.85%

Cash On Cash

10.16%

Cap Rate

1.69

DSCR

$2,458

Rent

$482

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$168k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,322

Downpayment

20%

$33,640

Closing costs

1%

$1,682

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,458

Total Expenses

$1,976

Mortgage P&I

34%

$844

Property Taxes

10%

$237

Home Insurance

2%

$60

HOA

0%

$0

Property Management

12%

$295

CapEx

4%

$98

Vacancy

3%

$74

Maintenance

4%

$98

Other

11%

$270

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