REI Lense

REI Lense

$1,901 (target)

3717 Laurel Dr, Abilene, TX 79603

3 beds • 2 baths • 1080 sqft

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This property could be a profitable Long-Term investment with a projected 25.07% first-year return on $26,229 initial cash invested.

25.07%

Cash On Cash

13.04%

Cap Rate

1.9

DSCR

$1,901

Rent

$548

Cashflow

Cash Flow

$1,901 income − $1,353 expenses = $548 cash flow

Income$1,901P&I$71438%Taxes$1015%Insurance$442%Mgmt$19010%CapEx$955%Vacancy$1146%Maint.$955%Cash Flow$548

Investment Breakdown

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Purchase Price

$125k

Downpayment

20.0%

Interest Rate

7.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$26,229

Downpayment

20%

$24,980

Closing costs

1%

$1,249

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,901

Total Expenses

$1,353

Mortgage P&I

38%

$714

Property Taxes

5%

$101

Home Insurance

2%

$44

HOA

0%

$0

Property Management

10%

$190

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

See Abilene, TX long-term rental market →

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