REI Lense

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$2,948 (target)

3505 Cloverdale Dr, Tyler, TX 75701

3 beds • 2 baths • 1667 sqft

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This property might be a fair Mid-Term investment with a projected 2.46% first-year return on $74,679 initial cash invested.

2.46%

Cash On Cash

7.2%

Cap Rate

1.2

DSCR

$2,948

Rent

$153

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,679

Downpayment

20%

$53,980

Closing costs

1%

$2,699

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,948

Total Expenses

$2,795

Mortgage P&I

46%

$1,349

Property Taxes

12%

$350

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$354

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$324

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