REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,582 (target)

2624 April Ave, Edinburg, TX 78541

3 beds • 3 baths • 2102 sqft

Email

This property looks like a bad Mid-Term investment with a projected -9.56% first-year return on $82,995 initial cash invested.

-9.56%

Cash On Cash

4.42%

Cap Rate

0.67

DSCR

$2,582

Rent

-$661

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,582 income − $3,243 expenses = $661 out of pocket

Income$2,582Out of Pocket$661Mortgage P&I$1,69766%Property Taxes$56122%Insurance$1084%Management$31012%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28411%

Investment Breakdown

|

Purchase Price

$310k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,995

Downpayment

20%

$61,900

Closing costs

1%

$3,095

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,582

Total Expenses

$3,243

Mortgage P&I

66%

$1,697

Property Taxes

22%

$561

Home Insurance

4%

$108

HOA

0%

$0

Property Management

12%

$310

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$284

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis