REI Lense

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$3,626 (target)

2128 E George Richey Rd, Longview, TX 75604

3 beds • 2 baths • 2678 sqft

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This property looks like a bad Mid-Term investment with a projected -8.28% first-year return on $108k initial cash invested.

-8.28%

Cash On Cash

4.33%

Cap Rate

0.72

DSCR

$3,626

Rent

-$747

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,626 income − $4,373 expenses = $747 out of pocket

Income$3,626Out of Pocket$747Mortgage P&I$2,15259%Property Taxes$83423%Insurance$1544%Management$43512%CapEx$1454%Vacancy$1093%Maintenance$1454%Other$39911%

Investment Breakdown

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Purchase Price

$430k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$85,920

Closing costs

1%

$4,296

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,626

Total Expenses

$4,373

Mortgage P&I

59%

$2,152

Property Taxes

23%

$834

Home Insurance

4%

$154

HOA

0%

$0

Property Management

12%

$435

CapEx

4%

$145

Vacancy

3%

$109

Maintenance

4%

$145

Other

11%

$399

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