REI Lense

REI Lense

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$2,874 (target)

2411 Airline Dr, Brenham, TX 77833

3 beds • 2 baths • 1559 sqft

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This property might be a fair Mid-Term investment with a projected 3.49% first-year return on $71,214 initial cash invested.

3.49%

Cash On Cash

7.5%

Cap Rate

1.26

DSCR

$2,874

Rent

$207

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,874 income − $2,667 expenses = $207 cash flow

Income$2,874Mortgage P&I$1,26144%Property Taxes$32211%Insurance$1074%Management$34512%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31611%Cash Flow$207

Investment Breakdown

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Purchase Price

$253k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,214

Downpayment

20%

$50,680

Closing costs

1%

$2,534

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,874

Total Expenses

$2,667

Mortgage P&I

44%

$1,261

Property Taxes

11%

$322

Home Insurance

4%

$107

HOA

0%

$0

Property Management

12%

$345

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$316

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