REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,980 (target)

2807 Balsam St, Longview, TX 75605

3 beds • 2 baths • 1861 sqft

Email

This property looks like a bad Long-Term investment with a projected -4.11% first-year return on $46,452 initial cash invested.

-4.11%

Cash On Cash

6.15%

Cap Rate

0.95

DSCR

$1,980

Rent

-$159

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,980 income − $2,139 expenses = $159 out of pocket

Income$1,980Out of Pocket$159Mortgage P&I$1,19360%Property Taxes$35218%Insurance$794%Management$19810%CapEx$995%Vacancy$1196%Maintenance$995%

Investment Breakdown

|

Purchase Price

$221k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,452

Downpayment

20%

$44,240

Closing costs

1%

$2,212

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,980

Total Expenses

$2,139

Mortgage P&I

60%

$1,193

Property Taxes

18%

$352

Home Insurance

4%

$79

HOA

0%

$0

Property Management

10%

$198

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis