REI Lense

REI Lense

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$4,125 (target)

2815 N 43rd St, Waco, TX 76710

3 beds • 2 baths • 2185 sqft

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This property might be a fair Mid-Term investment with a projected 4.93% first-year return on $90,219 initial cash invested.

4.93%

Cash On Cash

7.79%

Cap Rate

1.32

DSCR

$4,125

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

$344k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,219

Downpayment

20%

$68,780

Closing costs

1%

$3,439

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,125

Total Expenses

$3,754

Mortgage P&I

41%

$1,696

Property Taxes

13%

$524

Home Insurance

3%

$131

HOA

0%

$0

Property Management

12%

$495

CapEx

4%

$165

Vacancy

3%

$124

Maintenance

4%

$165

Other

11%

$454

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