REI Lense

REI Lense

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$2,103 (target)

2813 Rampy Ave, Gladewater, TX 75647

3 beds • 2 baths • 1060 sqft

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This property might be a fair Mid-Term investment with a projected 9.69% first-year return on $45,930 initial cash invested.

9.69%

Cash On Cash

10.27%

Cap Rate

1.67

DSCR

$2,103

Rent

$371

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$133k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,930

Downpayment

20%

$26,600

Closing costs

1%

$1,330

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$2,103

Total Expenses

$1,732

Mortgage P&I

32%

$683

Property Taxes

14%

$288

Home Insurance

2%

$47

HOA

0%

$0

Property Management

12%

$252

CapEx

4%

$84

Vacancy

3%

$63

Maintenance

4%

$84

Other

11%

$231

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