REI Lense

REI Lense

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$2,068 (target)

4316 Gregg Tex Rd, Longview, TX 75604

3 beds • 3 baths • 1927 sqft

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This property looks like a bad Long-Term investment with a projected -9.6% first-year return on $65,751 initial cash invested.

-9.6%

Cash On Cash

4.48%

Cap Rate

0.73

DSCR

$2,068

Rent

-$526

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$313k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,751

Downpayment

20%

$62,620

Closing costs

1%

$3,131

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,068

Total Expenses

$2,594

Mortgage P&I

77%

$1,591

Property Taxes

17%

$354

Home Insurance

5%

$112

HOA

0%

$0

Property Management

10%

$207

CapEx

5%

$103

Vacancy

6%

$124

Maintenance

5%

$103

Other

0%

$0

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