REI Lense

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$1,899 (target)

2225 Russell Ave, Abilene, TX 79605

3 beds • 2 baths • 1264 sqft

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This property might be a fair Long-Term investment with a projected 8.01% first-year return on $39,249 initial cash invested.

8.01%

Cash On Cash

8.76%

Cap Rate

1.35

DSCR

$1,899

Rent

$262

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,899 income − $1,637 expenses = $262 cash flow

Income$1,899Mortgage P&I$1,00853%Property Taxes$865%Insurance$493%Management$19010%CapEx$955%Vacancy$1146%Maintenance$955%Cash Flow$262

Investment Breakdown

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Purchase Price

$187k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,249

Downpayment

20%

$37,380

Closing costs

1%

$1,869

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,899

Total Expenses

$1,637

Mortgage P&I

53%

$1,008

Property Taxes

5%

$86

Home Insurance

3%

$49

HOA

0%

$0

Property Management

10%

$190

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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