REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,897 (target)

2921 Abbeville Ave, Wolfforth, TX 79382

3 beds • 2 baths • 1605 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.55% first-year return on $47,985 initial cash invested.

-9.55%

Cash On Cash

4.83%

Cap Rate

0.76

DSCR

$1,897

Rent

-$382

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,897 income − $2,279 expenses = $382 out of pocket

Income$1,897Out of Pocket$382Mortgage P&I$1,20764%Property Taxes$49826%Insurance$804%Management$19010%CapEx$955%Vacancy$1146%Maintenance$955%

Investment Breakdown

|

Purchase Price

$229k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,985

Downpayment

20%

$45,700

Closing costs

1%

$2,285

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,897

Total Expenses

$2,279

Mortgage P&I

64%

$1,207

Property Taxes

26%

$498

Home Insurance

4%

$80

HOA

0%

$0

Property Management

10%

$190

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis