REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,790 (target)

2672 Elk Rd, Gilmer, TX 75644

3 beds • 2 baths • 1980 sqft

Email

This property might be a fair Mid-Term investment with a projected 0.5% first-year return on $72,579 initial cash invested.

0.5%

Cash On Cash

6.84%

Cap Rate

1.11

DSCR

$2,790

Rent

$30

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,790 income − $2,760 expenses = $30 cash flow

Income$2,790Mortgage P&I$1,34048%Property Taxes$37914%Insurance$913%Management$33512%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30711%Cash Flow$30

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,579

Downpayment

20%

$51,980

Closing costs

1%

$2,599

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,790

Total Expenses

$2,760

Mortgage P&I

48%

$1,340

Property Taxes

14%

$379

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$335

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$307

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis