REI Lense

REI Lense

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$2,165 (target)

216 Camino Verde, San Marcos, TX 78666

3 beds • 2 baths • 2101 sqft

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This property looks like a bad Long-Term investment with a projected -14.81% first-year return on $78,330 initial cash invested.

-14.81%

Cash On Cash

3.28%

Cap Rate

0.54

DSCR

$2,165

Rent

-$967

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,165 income − $3,132 expenses = $967 out of pocket

Income$2,165Out of Pocket$967Mortgage P&I$1,87787%Property Taxes$48222%Insurance$1316%HOA$804%Management$21610%CapEx$1085%Vacancy$1306%Maintenance$1085%

Investment Breakdown

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Purchase Price

$373k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,330

Downpayment

20%

$74,600

Closing costs

1%

$3,730

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,165

Total Expenses

$3,132

Mortgage P&I

87%

$1,877

Property Taxes

22%

$482

Home Insurance

6%

$131

HOA

4%

$80

Property Management

10%

$216

CapEx

5%

$108

Vacancy

6%

$130

Maintenance

5%

$108

Other

0%

$0

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