REI Lense

REI Lense

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$2,462 (target)

2970 County Road 2110, Pittsburg, TX 75686

3 beds • 2 baths • 2228 sqft

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This property looks like a bad Long-Term investment with a projected -1.53% first-year return on $65,100 initial cash invested.

-1.53%

Cash On Cash

6.14%

Cap Rate

1.03

DSCR

$2,462

Rent

-$83

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,462 income − $2,545 expenses = $83 out of pocket

Income$2,462Out of Pocket$83Mortgage P&I$1,54763%Property Taxes$25010%Insurance$1084%Management$24610%CapEx$1235%Vacancy$1486%Maintenance$1235%

Investment Breakdown

|

Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,100

Downpayment

20%

$62,000

Closing costs

1%

$3,100

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,462

Total Expenses

$2,545

Mortgage P&I

63%

$1,547

Property Taxes

10%

$250

Home Insurance

4%

$108

HOA

0%

$0

Property Management

10%

$246

CapEx

5%

$123

Vacancy

6%

$148

Maintenance

5%

$123

Other

0%

$0

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