REI Lense

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$2,217 (target)

2929 Fairfax Dr, Tyler, TX 75701

3 beds • 2 baths • 1839 sqft

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This property might be a fair Mid-Term investment with a projected 0.48% first-year return on $67,371 initial cash invested.

0.48%

Cash On Cash

6.53%

Cap Rate

1.1

DSCR

$2,217

Rent

$27

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,217 income − $2,190 expenses = $27 cash flow

Income$2,217Mortgage P&I$1,16453%Property Taxes$1808%Insurance$914%Management$26612%CapEx$894%Vacancy$673%Maintenance$894%Other$24411%Cash Flow$27

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,371

Downpayment

20%

$47,020

Closing costs

1%

$2,351

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,217

Total Expenses

$2,190

Mortgage P&I

53%

$1,164

Property Taxes

8%

$180

Home Insurance

4%

$91

HOA

0%

$0

Property Management

12%

$266

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$244

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