REI Lense

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$2,176 (target)

2916 11th St, Orange, TX 77630

3 beds • 2 baths • 1782 sqft

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This property looks like a bad Long-Term investment with a projected -13.71% first-year return on $21,000 initial cash invested.

-13.71%

Cash On Cash

4.9%

Cap Rate

0.76

DSCR

$2,176

Rent

-$240

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,176 income − $2,416 expenses = $240 out of pocket

Income$2,176Out of Pocket$240Mortgage P&I$53925%Property Taxes$1,27559%Insurance$352%Management$21810%CapEx$1095%Vacancy$1316%Maintenance$1095%

Investment Breakdown

|

Purchase Price

$100,000

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$21,000

Downpayment

20%

$20,000

Closing costs

1%

$1,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,176

Total Expenses

$2,416

Mortgage P&I

25%

$539

Property Taxes

59%

$1,275

Home Insurance

2%

$35

HOA

0%

$0

Property Management

10%

$218

CapEx

5%

$109

Vacancy

6%

$131

Maintenance

5%

$109

Other

0%

$0

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