REI Lense

REI Lense

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$1,993 (target)

310 Broadway Ave, Anna, TX 75409

3 beds • 2 baths • 1812 sqft

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This property looks like a bad Long-Term investment with a projected -4.37% first-year return on $52,500 initial cash invested.

-4.37%

Cash On Cash

5.75%

Cap Rate

0.93

DSCR

$1,993

Rent

-$191

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,993 income − $2,184 expenses = $191 out of pocket

Income$1,993Out of Pocket$191Mortgage P&I$1,28965%Property Taxes$28814%Insurance$884%Management$19910%CapEx$1005%Vacancy$1206%Maintenance$1005%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.7%

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

$1,993

Total Expenses

$2,184

Mortgage P&I

65%

$1,289

Property Taxes

14%

$288

Home Insurance

4%

$88

HOA

0%

$0

Property Management

10%

$199

CapEx

5%

$100

Vacancy

6%

$120

Maintenance

5%

$100

Other

0%

$0

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