REI Lense

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$1,514 (target)

2525 Cole Ave, Waco, TX 76707

3 beds • 2 baths • 1420 sqft

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This property could be a profitable Long-Term investment with a projected 14.16% first-year return on $18,732 initial cash invested.

14.16%

Cash On Cash

9.94%

Cap Rate

1.67

DSCR

$1,514

Rent

$221

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,514 income − $1,293 expenses = $221 cash flow

Income$1,514Mortgage P&I$44229%Property Taxes$35724%Insurance$1007%Management$15110%CapEx$765%Vacancy$916%Maintenance$765%Cash Flow$221

Investment Breakdown

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Purchase Price

$89,200

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$18,732

Downpayment

20%

$17,840

Closing costs

1%

$892

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,514

Total Expenses

$1,293

Mortgage P&I

29%

$442

Property Taxes

24%

$357

Home Insurance

7%

$100

HOA

0%

$0

Property Management

10%

$151

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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