REI Lense

REI Lense

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$1,707 (target)

4114 Concord Pl, Texarkana, TX 75503

3 beds • 2 baths • 1421 sqft

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This property might be a fair Long-Term investment with a projected 1.92% first-year return on $37,590 initial cash invested.

1.92%

Cash On Cash

7.37%

Cap Rate

1.15

DSCR

$1,707

Rent

$60

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,707 income − $1,647 expenses = $60 cash flow

Income$1,707Mortgage P&I$95556%Property Taxes$18611%Insurance$634%Management$17110%CapEx$855%Vacancy$1026%Maintenance$855%Cash Flow$60

Investment Breakdown

|

Purchase Price

$179k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,590

Downpayment

20%

$35,800

Closing costs

1%

$1,790

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,707

Total Expenses

$1,647

Mortgage P&I

56%

$955

Property Taxes

11%

$186

Home Insurance

4%

$63

HOA

0%

$0

Property Management

10%

$171

CapEx

5%

$85

Vacancy

6%

$102

Maintenance

5%

$85

Other

0%

$0

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