REI Lense

REI Lense

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$2,320 (target)

2609 Castle Rd, Burleson, TX 76028

3 beds • 2 baths • 1955 sqft

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This property looks like a bad Long-Term investment with a projected -18.38% first-year return on $91,791 initial cash invested.

-18.38%

Cash On Cash

3.1%

Cap Rate

0.47

DSCR

$2,320

Rent

-$1,406

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,320 income − $3,726 expenses = $1,406 out of pocket

Income$2,320Out of Pocket$1,406Mortgage P&I$2,418104%Property Taxes$54724%Insurance$1587%Management$23210%CapEx$1165%Vacancy$1396%Maintenance$1165%

Investment Breakdown

|

Purchase Price

$437k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,791

Downpayment

20%

$87,420

Closing costs

1%

$4,371

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,320

Total Expenses

$3,726

Mortgage P&I

104%

$2,418

Property Taxes

24%

$547

Home Insurance

7%

$158

HOA

0%

$0

Property Management

10%

$232

CapEx

5%

$116

Vacancy

6%

$139

Maintenance

5%

$116

Other

0%

$0

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