REI Lense

REI Lense

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$2,235 (target)

3913 Lee St, Greenville, TX 75401

3 beds • 2 baths • 1494 sqft

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This property might be a fair Mid-Term investment with a projected 2.69% first-year return on $57,060 initial cash invested.

2.69%

Cash On Cash

7.41%

Cap Rate

1.23

DSCR

$2,235

Rent

$128

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$186k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,060

Downpayment

20%

$37,200

Closing costs

1%

$1,860

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,235

Total Expenses

$2,107

Mortgage P&I

42%

$932

Property Taxes

16%

$350

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$268

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$246

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