REI Lense

REI Lense

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$1,903 (target)

303 Avenue D, Converse, TX 78109

3 beds • 2 baths • 1900 sqft

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This property looks like a bad Long-Term investment with a projected -5.82% first-year return on $43,890 initial cash invested.

-5.82%

Cash On Cash

5.78%

Cap Rate

0.9

DSCR

$1,903

Rent

-$213

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,903 income − $2,116 expenses = $213 out of pocket

Income$1,903Out of Pocket$213Mortgage P&I$1,12559%Property Taxes$42422%Insurance$734%Management$19010%CapEx$955%Vacancy$1146%Maintenance$955%

Investment Breakdown

|

Purchase Price

$209k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,890

Downpayment

20%

$41,800

Closing costs

1%

$2,090

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,903

Total Expenses

$2,116

Mortgage P&I

59%

$1,125

Property Taxes

22%

$424

Home Insurance

4%

$73

HOA

0%

$0

Property Management

10%

$190

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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