REI Lense

REI Lense

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$1,563 (target)

2327 2nd Ave, Port Arthur, TX 77642

3 beds • 2 baths • 1748 sqft

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This property could be a profitable Long-Term investment with a projected 31.04% first-year return on $19,950 initial cash invested.

31.04%

Cash On Cash

14.03%

Cap Rate

2.15

DSCR

$1,563

Rent

$516

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,563 income − $1,047 expenses = $516 cash flow

Income$1,563Mortgage P&I$51733%Property Taxes$916%Insurance$332%Management$15610%CapEx$785%Vacancy$946%Maintenance$785%Cash Flow$516

Investment Breakdown

|

Purchase Price

$95,000

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$19,950

Downpayment

20%

$19,000

Closing costs

1%

$950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,563

Total Expenses

$1,047

Mortgage P&I

33%

$517

Property Taxes

6%

$91

Home Insurance

2%

$33

HOA

0%

$0

Property Management

10%

$156

CapEx

5%

$78

Vacancy

6%

$94

Maintenance

5%

$78

Other

0%

$0

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