REI Lense

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$3,867 (target)

408 County Road 4248, Pittsburg, TX 75686

3 beds • 2 baths • 1972 sqft

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This property might be a fair Mid-Term investment with a projected 1.73% first-year return on $91,500 initial cash invested.

1.73%

Cash On Cash

7.37%

Cap Rate

1.15

DSCR

$3,867

Rent

$132

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,867 income − $3,735 expenses = $132 cash flow

Income$3,867Mortgage P&I$1,86248%Property Taxes$43611%Insurance$1223%Management$46412%CapEx$1554%Vacancy$1163%Maintenance$1554%Other$42511%Cash Flow$132

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,867

Total Expenses

$3,735

Mortgage P&I

48%

$1,862

Property Taxes

11%

$436

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$464

CapEx

4%

$155

Vacancy

3%

$116

Maintenance

4%

$155

Other

11%

$425

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