REI Lense

REI Lense

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$1,872 (target)

3310 Pine Rdg, Orange, TX 77632

3 beds • 2 baths • 1590 sqft

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This property might be a fair Long-Term investment with a projected 0.27% first-year return on $45,045 initial cash invested.

0.27%

Cash On Cash

6.77%

Cap Rate

1.09

DSCR

$1,872

Rent

$10

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,872 income − $1,862 expenses = $10 cash flow

Income$1,872Mortgage P&I$1,10659%Property Taxes$19210%Insurance$774%Management$18710%CapEx$945%Vacancy$1126%Maintenance$945%Cash Flow$10

Investment Breakdown

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Purchase Price

$215k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,045

Downpayment

20%

$42,900

Closing costs

1%

$2,145

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,872

Total Expenses

$1,862

Mortgage P&I

59%

$1,106

Property Taxes

10%

$192

Home Insurance

4%

$77

HOA

0%

$0

Property Management

10%

$187

CapEx

5%

$94

Vacancy

6%

$112

Maintenance

5%

$94

Other

0%

$0

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