REI Lense

REI Lense

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$2,246 (target)

4210 Gem Lake Rd, Amarillo, TX 79106

3 beds • 2 baths • 2525 sqft

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This property looks like a bad Long-Term investment with a projected -17.21% first-year return on $88,200 initial cash invested.

-17.21%

Cash On Cash

2.7%

Cap Rate

0.45

DSCR

$2,246

Rent

-$1,265

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,246 income − $3,511 expenses = $1,265 out of pocket

Income$2,246Out of Pocket$1,265Mortgage P&I$2,09893%Property Taxes$68230%Insurance$1477%Management$22510%CapEx$1125%Vacancy$1356%Maintenance$1125%

Investment Breakdown

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Purchase Price

$420k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,200

Downpayment

20%

$84,000

Closing costs

1%

$4,200

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,246

Total Expenses

$3,511

Mortgage P&I

93%

$2,098

Property Taxes

30%

$682

Home Insurance

7%

$147

HOA

0%

$0

Property Management

10%

$225

CapEx

5%

$112

Vacancy

6%

$135

Maintenance

5%

$112

Other

0%

$0

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