REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

2206 N 4th St, Longview, TX 75605

4 beds • 3 baths • 2021 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.69% first-year return on $74,550 initial cash invested.

-10.69%

Cash On Cash

4.24%

Cap Rate

0.7

DSCR

$2,340

Rent

-$664

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$355k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,550

Downpayment

20%

$71,000

Closing costs

1%

$3,550

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,340

Total Expenses

$3,004

Mortgage P&I

77%

$1,800

Property Taxes

20%

$472

Home Insurance

5%

$124

HOA

0%

$0

Property Management

10%

$234

CapEx

5%

$117

Vacancy

6%

$140

Maintenance

5%

$117

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

2206 Fourth St, Longview, TX 75605

$3,000

4

2.5

2100

0 mi

1805 Cardinal St, Longview, TX 75601

$2,500

4

2

2168

1.2 mi

1610 Olympic Dr, Longview, TX 75605

$3,800

4

3

2578

2.7 mi

204 Ralph St, Longview, TX 75605

$2,200

4

2

1910

3.2 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis