REI Lense

REI Lense

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$1,284 (target)

422 Stone St, Mineola, TX 75773

3 beds • 2 baths • 1281 sqft

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This property looks like a bad Long-Term investment with a projected -0.57% first-year return on $31,479 initial cash invested.

-0.57%

Cash On Cash

6.68%

Cap Rate

1.06

DSCR

$1,284

Rent

-$15

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,284 income − $1,299 expenses = $15 out of pocket

Income$1,284Out of Pocket$15Mortgage P&I$78661%Property Taxes$12810%Insurance$524%Management$12810%CapEx$645%Vacancy$776%Maintenance$645%

Investment Breakdown

|

Purchase Price

$150k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,479

Downpayment

20%

$29,980

Closing costs

1%

$1,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,284

Total Expenses

$1,299

Mortgage P&I

61%

$786

Property Taxes

10%

$128

Home Insurance

4%

$52

HOA

0%

$0

Property Management

10%

$128

CapEx

5%

$64

Vacancy

6%

$77

Maintenance

5%

$64

Other

0%

$0

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