REI Lense

REI Lense

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$1,672 (target)

306 Helen St, Cleveland, TX 77328

3 beds • 2 baths • 1412 sqft

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This property looks like a bad Long-Term investment with a projected -10.95% first-year return on $52,500 initial cash invested.

-10.95%

Cash On Cash

4.26%

Cap Rate

0.69

DSCR

$1,672

Rent

-$479

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,672 income − $2,151 expenses = $479 out of pocket

Income$1,672Out of Pocket$479Mortgage P&I$1,28277%Property Taxes$34621%Insurance$885%Management$16710%CapEx$845%Vacancy$1006%Maintenance$845%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,672

Total Expenses

$2,151

Mortgage P&I

77%

$1,282

Property Taxes

21%

$346

Home Insurance

5%

$88

HOA

0%

$0

Property Management

10%

$167

CapEx

5%

$84

Vacancy

6%

$100

Maintenance

5%

$84

Other

0%

$0

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