REI Lense

REI Lense

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$3,681 (target)

24058 Sun Ridge Rd, Lindale, TX 75771

3 beds • 2 baths • 1828 sqft

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This property looks like a bad Mid-Term investment with a projected -2.06% first-year return on $108k initial cash invested.

-2.06%

Cash On Cash

5.93%

Cap Rate

0.98

DSCR

$3,681

Rent

-$186

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,681 income − $3,867 expenses = $186 out of pocket

Income$3,681Out of Pocket$186Mortgage P&I$2,15959%Property Taxes$2657%Insurance$1504%HOA$421%Management$44212%CapEx$1474%Vacancy$1103%Maintenance$1474%Other$40511%

Investment Breakdown

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Purchase Price

$429k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$85,800

Closing costs

1%

$4,290

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,681

Total Expenses

$3,867

Mortgage P&I

59%

$2,159

Property Taxes

7%

$265

Home Insurance

4%

$150

HOA

1%

$42

Property Management

12%

$442

CapEx

4%

$147

Vacancy

3%

$110

Maintenance

4%

$147

Other

11%

$405

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