REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,042 (target)

2817 NE 11th St, Mineral Wells, TX 76067

3 beds • 2 baths • 2056 sqft

Email

This property looks like a bad Mid-Term investment with a projected -1.28% first-year return on $79,908 initial cash invested.

-1.28%

Cash On Cash

6.35%

Cap Rate

1.02

DSCR

$3,042

Rent

-$85

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,042 income − $3,127 expenses = $85 out of pocket

Income$3,042Out of Pocket$85Mortgage P&I$1,52250%Property Taxes$46515%Insurance$1053%Management$36512%CapEx$1224%Vacancy$913%Maintenance$1224%Other$33511%

Investment Breakdown

|

Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,908

Downpayment

20%

$58,960

Closing costs

1%

$2,948

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,042

Total Expenses

$3,127

Mortgage P&I

50%

$1,522

Property Taxes

15%

$465

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$365

CapEx

4%

$122

Vacancy

3%

$91

Maintenance

4%

$122

Other

11%

$335

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis