REI Lense

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$2,434 (target)

4104 1/2 20th St N, Texas City, TX 77590

3 beds • 2 baths • 1335 sqft

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This property might be a fair Mid-Term investment with a projected 0.49% first-year return on $64,179 initial cash invested.

0.49%

Cash On Cash

6.82%

Cap Rate

1.11

DSCR

$2,434

Rent

$26

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,434 income − $2,408 expenses = $26 cash flow

Income$2,434Mortgage P&I$1,12746%Property Taxes$37715%Insurance$773%Management$29212%CapEx$974%Vacancy$733%Maintenance$974%Other$26811%Cash Flow$26

Investment Breakdown

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Purchase Price

$220k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,179

Downpayment

20%

$43,980

Closing costs

1%

$2,199

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,434

Total Expenses

$2,408

Mortgage P&I

46%

$1,127

Property Taxes

15%

$377

Home Insurance

3%

$77

HOA

0%

$0

Property Management

12%

$292

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$268

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