REI Lense

REI Lense

Unlock all features! Tap here to upgrade

233 E James St, Wills Point, TX 75169

3 beds • 2 baths • 1804 sqft

Email

This property looks like a bad Airbnb investment with a projected -3.91% first-year return on $70,500 initial cash invested.

-3.91%

Cash On Cash

5.48%

Cap Rate

0.9

DSCR

$2,514

Rent

-$230

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,514 income − $2,744 expenses = $230 out of pocket

Income$2,514Out of Pocket$230Mortgage P&I$1,27151%Property Taxes$1787%Insurance$884%Management$37715%CapEx$1014%Maintenance$1014%Other$62825%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,514

Total Expenses

$2,744

Mortgage P&I

51%

$1,271

Property Taxes

7%

$178

Home Insurance

4%

$88

HOA

0%

$0

Property Management

15%

$377

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$628

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis