REI Lense

REI Lense

$2,852 (target)

3717 Laurel Dr, Abilene, TX 79603

3 beds • 2 baths • 1080 sqft

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This property could be a profitable Mid-Term investment with a projected 27.76% first-year return on $44,229 initial cash invested.

27.76%

Cash On Cash

17.78%

Cap Rate

2.59

DSCR

$2,852

Rent

$1,023

Cashflow

Cash Flow

$2,852 income − $1,829 expenses = $1,023 cash flow

Income$2,852P&I$71425%Taxes$1014%Insurance$442%Mgmt$34212%CapEx$1144%Vacancy$863%Maint.$1144%Other$31411%Cash Flow$1,023

Investment Breakdown

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Purchase Price

$125k

Downpayment

20.0%

Interest Rate

7.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,229

Downpayment

20%

$24,980

Closing costs

1%

$1,249

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$2,852

Total Expenses

$1,829

Mortgage P&I

25%

$714

Property Taxes

4%

$101

Home Insurance

2%

$44

HOA

0%

$0

Property Management

12%

$342

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$314

See Abilene, TX mid-term rental market →

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