REI Lense

REI Lense

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$2,022 (target)

3921 Austin Ave, Waco, TX 76710

3 beds • 2 baths • 1735 sqft

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This property looks like a bad Long-Term investment with a projected -9.49% first-year return on $56,007 initial cash invested.

-9.49%

Cash On Cash

4.74%

Cap Rate

0.75

DSCR

$2,022

Rent

-$443

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,022 income − $2,465 expenses = $443 out of pocket

Income$2,022Out of Pocket$443Mortgage P&I$1,39569%Property Taxes$44922%Insurance$965%Management$20210%CapEx$1015%Vacancy$1216%Maintenance$1015%

Investment Breakdown

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Purchase Price

$267k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,007

Downpayment

20%

$53,340

Closing costs

1%

$2,667

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,022

Total Expenses

$2,465

Mortgage P&I

69%

$1,395

Property Taxes

22%

$449

Home Insurance

5%

$96

HOA

0%

$0

Property Management

10%

$202

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

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