REI Lense

REI Lense

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$1,202 (target)

2115 Victory St, Longview, TX 75602

3 beds • 2 baths • 1109 sqft

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This property looks like a bad Long-Term investment with a projected -10.53% first-year return on $35,679 initial cash invested.

-10.53%

Cash On Cash

4.39%

Cap Rate

0.71

DSCR

$1,202

Rent

-$313

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,202 income − $1,515 expenses = $313 out of pocket

Income$1,202Out of Pocket$313Mortgage P&I$87573%Property Taxes$26822%Insurance$605%Management$12010%CapEx$605%Vacancy$726%Maintenance$605%

Investment Breakdown

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Purchase Price

$170k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,679

Downpayment

20%

$33,980

Closing costs

1%

$1,699

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,202

Total Expenses

$1,515

Mortgage P&I

73%

$875

Property Taxes

22%

$268

Home Insurance

5%

$60

HOA

0%

$0

Property Management

10%

$120

CapEx

5%

$60

Vacancy

6%

$72

Maintenance

5%

$60

Other

0%

$0

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