REI Lense

REI Lense

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$2,055 (target)

3739 Tower Rd, Santa Fe, TX 77517

3 beds • 2 baths • 1677 sqft

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This property looks like a bad Long-Term investment with a projected -11.95% first-year return on $62,979 initial cash invested.

-11.95%

Cash On Cash

3.89%

Cap Rate

0.65

DSCR

$2,055

Rent

-$627

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,055 income − $2,682 expenses = $627 out of pocket

Income$2,055Out of Pocket$627Mortgage P&I$1,49673%Property Taxes$54627%Insurance$1055%Management$20610%CapEx$1035%Vacancy$1236%Maintenance$1035%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,055

Total Expenses

$2,682

Mortgage P&I

73%

$1,496

Property Taxes

27%

$546

Home Insurance

5%

$105

HOA

0%

$0

Property Management

10%

$206

CapEx

5%

$103

Vacancy

6%

$123

Maintenance

5%

$103

Other

0%

$0

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