REI Lense

REI Lense

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$1,609 (target)

422 W Goshen St, Canton, TX 75103

3 beds • 2 baths • 1536 sqft

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This property looks like a bad Long-Term investment with a projected -9.89% first-year return on $52,437 initial cash invested.

-9.89%

Cash On Cash

4.34%

Cap Rate

0.72

DSCR

$1,609

Rent

-$432

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,609 income − $2,041 expenses = $432 out of pocket

Income$1,609Out of Pocket$432Mortgage P&I$1,25678%Property Taxes$27717%Insurance$906%Management$16110%CapEx$805%Vacancy$976%Maintenance$805%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,437

Downpayment

20%

$49,940

Closing costs

1%

$2,497

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,609

Total Expenses

$2,041

Mortgage P&I

78%

$1,256

Property Taxes

17%

$277

Home Insurance

6%

$90

HOA

0%

$0

Property Management

10%

$161

CapEx

5%

$80

Vacancy

6%

$97

Maintenance

5%

$80

Other

0%

$0

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