REI Lense

REI Lense

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$1,589 (target)

4248 Eunice Ave, Port Arthur, TX 77642

3 beds • 3 baths • 1566 sqft

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This property might be a fair Long-Term investment with a projected 1.21% first-year return on $41,790 initial cash invested.

1.21%

Cash On Cash

6.96%

Cap Rate

1.12

DSCR

$1,589

Rent

$42

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,589 income − $1,547 expenses = $42 cash flow

Income$1,589Mortgage P&I$1,03465%Property Taxes$312%Insurance$704%Management$15910%CapEx$795%Vacancy$956%Maintenance$795%Cash Flow$42

Investment Breakdown

|

Purchase Price

$199k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,790

Downpayment

20%

$39,800

Closing costs

1%

$1,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,589

Total Expenses

$1,547

Mortgage P&I

65%

$1,034

Property Taxes

2%

$31

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$159

CapEx

5%

$79

Vacancy

6%

$95

Maintenance

5%

$79

Other

0%

$0

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