REI Lense

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$2,924 (target)

2501 Austin Ave, Brownwood, TX 76801

3 beds • 2 baths • 1950 sqft

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This property might be a fair Mid-Term investment with a projected 4.15% first-year return on $74,595 initial cash invested.

4.15%

Cash On Cash

7.87%

Cap Rate

1.27

DSCR

$2,924

Rent

$258

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,924 income − $2,666 expenses = $258 cash flow

Income$2,924Mortgage P&I$1,39248%Property Taxes$1856%Insurance$943%Management$35112%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32211%Cash Flow$258

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,595

Downpayment

20%

$53,900

Closing costs

1%

$2,695

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,924

Total Expenses

$2,666

Mortgage P&I

48%

$1,392

Property Taxes

6%

$185

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$351

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$322

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