REI Lense

REI Lense

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$1,478 (target)

2929 Fairfax Dr, Tyler, TX 75701

3 beds • 2 baths • 1839 sqft

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This property looks like a bad Long-Term investment with a projected -8.31% first-year return on $49,371 initial cash invested.

-8.31%

Cash On Cash

4.57%

Cap Rate

0.77

DSCR

$1,478

Rent

-$342

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,478 income − $1,820 expenses = $342 out of pocket

Income$1,478Out of Pocket$342Mortgage P&I$1,16479%Property Taxes$18012%Insurance$916%Management$14810%CapEx$745%Vacancy$896%Maintenance$745%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,371

Downpayment

20%

$47,020

Closing costs

1%

$2,351

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,478

Total Expenses

$1,820

Mortgage P&I

79%

$1,164

Property Taxes

12%

$180

Home Insurance

6%

$91

HOA

0%

$0

Property Management

10%

$148

CapEx

5%

$74

Vacancy

6%

$89

Maintenance

5%

$74

Other

0%

$0

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