REI Lense

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$3,796 (target)

4118 Concord Ct, Abilene, TX 79603

3 beds • 2 baths • 2370 sqft

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This property could be a profitable Long-Term investment with a projected 42.7% first-year return on $37,800 initial cash invested.

42.7%

Cash On Cash

16.7%

Cap Rate

2.58

DSCR

$3,796

Rent

$1,345

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,796 income − $2,451 expenses = $1,345 cash flow

Income$3,796Mortgage P&I$97026%Property Taxes$43011%Insurance$632%Management$38010%CapEx$1905%Vacancy$2286%Maintenance$1905%Cash Flow$1,345

Investment Breakdown

|

Purchase Price

$180k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,800

Downpayment

20%

$36,000

Closing costs

1%

$1,800

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,796

Total Expenses

$2,451

Mortgage P&I

26%

$970

Property Taxes

11%

$430

Home Insurance

2%

$63

HOA

0%

$0

Property Management

10%

$380

CapEx

5%

$190

Vacancy

6%

$228

Maintenance

5%

$190

Other

0%

$0

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