REI Lense

REI Lense

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$2,249 (target)

2620 Vine St, Brownwood, TX 76801

3 beds • 2 baths • 2303 sqft

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This property looks like a bad Long-Term investment with a projected -12.62% first-year return on $76,272 initial cash invested.

-12.62%

Cash On Cash

3.77%

Cap Rate

0.62

DSCR

$2,249

Rent

-$802

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,249 income − $3,051 expenses = $802 out of pocket

Income$2,249Out of Pocket$802Mortgage P&I$1,83281%Property Taxes$50622%Insurance$1296%Management$22510%CapEx$1125%Vacancy$1356%Maintenance$1125%

Investment Breakdown

|

Purchase Price

$363k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,272

Downpayment

20%

$72,640

Closing costs

1%

$3,632

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,249

Total Expenses

$3,051

Mortgage P&I

81%

$1,832

Property Taxes

23%

$506

Home Insurance

6%

$129

HOA

0%

$0

Property Management

10%

$225

CapEx

5%

$112

Vacancy

6%

$135

Maintenance

5%

$112

Other

0%

$0

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