REI Lense

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$2,912 (target)

2509 State Highway 322 N, Henderson, TX 75652

3 beds • 3 baths • 1611 sqft

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This property might be a fair Mid-Term investment with a projected 7.58% first-year return on $68,211 initial cash invested.

7.58%

Cash On Cash

9.03%

Cap Rate

1.44

DSCR

$2,912

Rent

$431

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,912 income − $2,481 expenses = $431 cash flow

Income$2,912Mortgage P&I$1,25243%Property Taxes$1565%Insurance$853%Management$34912%CapEx$1164%Vacancy$873%Maintenance$1164%Other$32011%Cash Flow$431

Investment Breakdown

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Purchase Price

$239k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,211

Downpayment

20%

$47,820

Closing costs

1%

$2,391

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,912

Total Expenses

$2,481

Mortgage P&I

43%

$1,252

Property Taxes

5%

$156

Home Insurance

3%

$85

HOA

0%

$0

Property Management

12%

$349

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$320

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