REI Lense

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$2,368 (target)

331 W Bonita Ave, Amarillo, TX 79108

3 beds • 2 baths • 1927 sqft

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This property looks like a bad Mid-Term investment with a projected -5.77% first-year return on $75,750 initial cash invested.

-5.77%

Cash On Cash

4.87%

Cap Rate

0.81

DSCR

$2,368

Rent

-$364

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,368 income − $2,732 expenses = $364 out of pocket

Income$2,368Out of Pocket$364Mortgage P&I$1,38458%Property Taxes$44719%Insurance$964%Management$28412%CapEx$954%Vacancy$713%Maintenance$954%Other$26011%

Investment Breakdown

|

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,368

Total Expenses

$2,732

Mortgage P&I

58%

$1,384

Property Taxes

19%

$447

Home Insurance

4%

$96

HOA

0%

$0

Property Management

12%

$284

CapEx

4%

$95

Vacancy

3%

$71

Maintenance

4%

$95

Other

11%

$260

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