REI Lense

REI Lense

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$2,163 (target)

2504 Raintree Dr, College Station, TX 77845

3 beds • 2 baths • 1995 sqft

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This property looks like a bad Long-Term investment with a projected -13.96% first-year return on $76,650 initial cash invested.

-13.96%

Cash On Cash

3.43%

Cap Rate

0.57

DSCR

$2,163

Rent

-$892

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,163 income − $3,055 expenses = $892 out of pocket

Income$2,163Out of Pocket$892Mortgage P&I$1,82885%Property Taxes$53725%Insurance$1286%Management$21610%CapEx$1085%Vacancy$1306%Maintenance$1085%

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,650

Downpayment

20%

$73,000

Closing costs

1%

$3,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,163

Total Expenses

$3,055

Mortgage P&I

85%

$1,828

Property Taxes

25%

$537

Home Insurance

6%

$128

HOA

0%

$0

Property Management

10%

$216

CapEx

5%

$108

Vacancy

6%

$130

Maintenance

5%

$108

Other

0%

$0

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