REI Lense

REI Lense

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$2,419 (target)

3013 El Camino Dr, Temple, TX 76502

3 beds • 2 baths • 2993 sqft

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This property looks like a bad Long-Term investment with a projected -11.96% first-year return on $69,216 initial cash invested.

-11.96%

Cash On Cash

4.04%

Cap Rate

0.66

DSCR

$2,419

Rent

-$690

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,419 income − $3,109 expenses = $690 out of pocket

Income$2,419Out of Pocket$690Mortgage P&I$1,67969%Property Taxes$68228%Insurance$1195%Management$24210%CapEx$1215%Vacancy$1456%Maintenance$1215%

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,216

Downpayment

20%

$65,920

Closing costs

1%

$3,296

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,419

Total Expenses

$3,109

Mortgage P&I

69%

$1,679

Property Taxes

28%

$682

Home Insurance

5%

$119

HOA

0%

$0

Property Management

10%

$242

CapEx

5%

$121

Vacancy

6%

$145

Maintenance

5%

$121

Other

0%

$0

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