REI Lense

REI Lense

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$3,527 (target)

215 Pueblo Dr, Lake Kiowa, TX 76240

3 beds • 3 baths • 2403 sqft

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This property looks like a bad Long-Term investment with a projected -16.24% first-year return on $137k initial cash invested.

-16.24%

Cash On Cash

2.87%

Cap Rate

0.48

DSCR

$3,527

Rent

-$1,847

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,527 income − $5,374 expenses = $1,847 out of pocket

Income$3,527Out of Pocket$1,847Mortgage P&I$3,22691%Property Taxes$61517%Insurance$2286%HOA$38811%Management$35310%CapEx$1765%Vacancy$2126%Maintenance$1765%

Investment Breakdown

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Purchase Price

$650k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$137k

Downpayment

20%

$130k

Closing costs

1%

$6,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,527

Total Expenses

$5,374

Mortgage P&I

91%

$3,226

Property Taxes

17%

$615

Home Insurance

6%

$228

HOA

11%

$388

Property Management

10%

$353

CapEx

5%

$176

Vacancy

6%

$212

Maintenance

5%

$176

Other

0%

$0

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