REI Lense

REI Lense

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$2,548 (target)

304 Shady Ln, Azle, TX 76020

3 beds • 2 baths • 1403 sqft

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This property looks like a bad Mid-Term investment with a projected -0.78% first-year return on $69,030 initial cash invested.

-0.78%

Cash On Cash

6.48%

Cap Rate

1.05

DSCR

$2,548

Rent

-$45

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,548 income − $2,593 expenses = $45 out of pocket

Income$2,548Out of Pocket$45Mortgage P&I$1,25549%Property Taxes$38715%Insurance$853%Management$30612%CapEx$1024%Vacancy$763%Maintenance$1024%Other$28011%

Investment Breakdown

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Purchase Price

$243k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,030

Downpayment

20%

$48,600

Closing costs

1%

$2,430

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,548

Total Expenses

$2,593

Mortgage P&I

49%

$1,255

Property Taxes

15%

$387

Home Insurance

3%

$85

HOA

0%

$0

Property Management

12%

$306

CapEx

4%

$102

Vacancy

3%

$76

Maintenance

4%

$102

Other

11%

$280

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