REI Lense

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$2,271 (target)

431 E Hull St, Denison, TX 75021

3 beds • 3 baths • 1782 sqft

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This property might be a fair Mid-Term investment with a projected 9.92% first-year return on $50,340 initial cash invested.

9.92%

Cash On Cash

9.92%

Cap Rate

1.66

DSCR

$2,271

Rent

$416

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,271 income − $1,855 expenses = $416 cash flow

Income$2,271Mortgage P&I$76634%Property Taxes$22210%Insurance$944%Management$27312%CapEx$914%Vacancy$683%Maintenance$914%Other$25011%Cash Flow$416

Investment Breakdown

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Purchase Price

$154k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,340

Downpayment

20%

$30,800

Closing costs

1%

$1,540

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,271

Total Expenses

$1,855

Mortgage P&I

34%

$766

Property Taxes

10%

$222

Home Insurance

4%

$94

HOA

0%

$0

Property Management

12%

$273

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$250

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