REI Lense

REI Lense

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$1,514 (target)

431 E Hull St, Denison, TX 75021

3 beds • 3 baths • 1782 sqft

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This property might be a fair Long-Term investment with a projected 1.41% first-year return on $32,340 initial cash invested.

1.41%

Cash On Cash

6.86%

Cap Rate

1.15

DSCR

$1,514

Rent

$38

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,514 income − $1,476 expenses = $38 cash flow

Income$1,514Mortgage P&I$76651%Property Taxes$22215%Insurance$946%Management$15110%CapEx$765%Vacancy$916%Maintenance$765%Cash Flow$38

Investment Breakdown

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Purchase Price

$154k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$32,340

Downpayment

20%

$30,800

Closing costs

1%

$1,540

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,514

Total Expenses

$1,476

Mortgage P&I

51%

$766

Property Taxes

15%

$222

Home Insurance

6%

$94

HOA

0%

$0

Property Management

10%

$151

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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