REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,175 (target)

311 Glenwood Dr, Palestine, TX 75801

3 beds • 2 baths • 2126 sqft

Email

This property looks like a bad Long-Term investment with a projected -2.63% first-year return on $56,490 initial cash invested.

-2.63%

Cash On Cash

5.95%

Cap Rate

0.99

DSCR

$2,175

Rent

-$124

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,175 income − $2,299 expenses = $124 out of pocket

Income$2,175Out of Pocket$124Mortgage P&I$1,34962%Property Taxes$29013%Insurance$944%Management$21810%CapEx$1095%Vacancy$1306%Maintenance$1095%

Investment Breakdown

|

Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,490

Downpayment

20%

$53,800

Closing costs

1%

$2,690

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,175

Total Expenses

$2,299

Mortgage P&I

62%

$1,349

Property Taxes

13%

$290

Home Insurance

4%

$94

HOA

0%

$0

Property Management

10%

$218

CapEx

5%

$109

Vacancy

6%

$130

Maintenance

5%

$109

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis