REI Lense

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$2,224 (target)

421 N 6th St, Donna, TX 78537

3 beds • 2 baths • 1257 sqft

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This property might be a fair Mid-Term investment with a projected 0.65% first-year return on $62,730 initial cash invested.

0.65%

Cash On Cash

6.97%

Cap Rate

1.11

DSCR

$2,224

Rent

$34

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,224 income − $2,190 expenses = $34 cash flow

Income$2,224Mortgage P&I$1,11450%Property Taxes$24411%Insurance$753%Management$26712%CapEx$894%Vacancy$673%Maintenance$894%Other$24511%Cash Flow$34

Investment Breakdown

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Purchase Price

$213k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,730

Downpayment

20%

$42,600

Closing costs

1%

$2,130

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,224

Total Expenses

$2,190

Mortgage P&I

50%

$1,114

Property Taxes

11%

$244

Home Insurance

3%

$75

HOA

0%

$0

Property Management

12%

$267

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$245

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