REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

2706 Wheless Ln #401, Austin, TX 78723

1 beds • 1 baths • 750 sqft

Email

This property looks like a bad Long-Term investment with a projected -21.38% first-year return on $48,090 initial cash invested.

-21.38%

Cash On Cash

2.18%

Cap Rate

0.35

DSCR

$1,420

Rent

-$857

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$229k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,090

Downpayment

20%

$45,800

Closing costs

1%

$2,290

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,420

Total Expenses

$2,277

Mortgage P&I

85%

$1,202

Property Taxes

18%

$260

Home Insurance

6%

$80

HOA

26%

$366

PManagement

10%

$142

CapEx

5%

$71

Vacancy

6%

$85

Maintenance

5%

$71

Other

0%

$0

Google Maps with comparables properties is loading...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

5806 Belmoor Dr, Apt D, Austin, TX 78723

$1,300

1

1.5

850

0.6 mi

6501 Arnold Dr, Unit 3, Austin, TX 78723

$1,150

1

1

0.4 mi

5500 Coventry Ln, Austin, TX 78723

$1,200

1

1

0.5 mi

5806 Belmoor Dr, Apt B, Austin, TX 78723

$1,300

1

1.5

900

0.6 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis