REI Lense

REI Lense

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$3,233 (target)

23211 Fm 1995, Lindale, TX 75771

3 beds • 3 baths • 2618 sqft

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This property looks like a bad Long-Term investment with a projected -10.99% first-year return on $135k initial cash invested.

-10.99%

Cash On Cash

3.96%

Cap Rate

0.66

DSCR

$3,233

Rent

-$1,234

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,233 income − $4,467 expenses = $1,234 out of pocket

Income$3,233Out of Pocket$1,234Mortgage P&I$3,19199%Property Taxes$1996%Insurance$2367%Management$32310%CapEx$1625%Vacancy$1946%Maintenance$1625%

Investment Breakdown

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Purchase Price

$642k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$135k

Downpayment

20%

$128k

Closing costs

1%

$6,419

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,233

Total Expenses

$4,467

Mortgage P&I

99%

$3,191

Property Taxes

6%

$199

Home Insurance

7%

$236

HOA

0%

$0

Property Management

10%

$323

CapEx

5%

$162

Vacancy

6%

$194

Maintenance

5%

$162

Other

0%

$0

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