REI Lense

REI Lense

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$1,745 (target)

228 Merida Dr, Donna, TX 78537

3 beds • 2 baths • 1282 sqft

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This property looks like a bad Long-Term investment with a projected -7.4% first-year return on $44,100 initial cash invested.

-7.4%

Cash On Cash

5.21%

Cap Rate

0.83

DSCR

$1,745

Rent

-$272

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,745 income − $2,017 expenses = $272 out of pocket

Income$1,745Out of Pocket$272Mortgage P&I$1,09663%Property Taxes$39423%Insurance$744%Management$17410%CapEx$875%Vacancy$1056%Maintenance$875%

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,100

Downpayment

20%

$42,000

Closing costs

1%

$2,100

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,745

Total Expenses

$2,017

Mortgage P&I

63%

$1,096

Property Taxes

23%

$394

Home Insurance

4%

$74

HOA

0%

$0

Property Management

10%

$174

CapEx

5%

$87

Vacancy

6%

$105

Maintenance

5%

$87

Other

0%

$0

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