REI Lense

REI Lense

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$1,669 (target)

2811 Lavanda Dr, Laredo, TX 78046

3 beds • 2 baths • 1400 sqft

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This property looks like a bad Long-Term investment with a projected -6.72% first-year return on $41,979 initial cash invested.

-6.72%

Cash On Cash

5.35%

Cap Rate

0.85

DSCR

$1,669

Rent

-$235

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,669 income − $1,904 expenses = $235 out of pocket

Income$1,669Out of Pocket$235Mortgage P&I$1,04362%Property Taxes$35821%Insurance$704%Management$16710%CapEx$835%Vacancy$1006%Maintenance$835%

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,669

Total Expenses

$1,904

Mortgage P&I

62%

$1,043

Property Taxes

21%

$358

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$167

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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