REI Lense

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$3,303 (target)

440 Rose Ave, Cleburne, TX 76033

3 beds • 2 baths • 1600 sqft

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This property might be a fair Mid-Term investment with a projected 8.13% first-year return on $77,829 initial cash invested.

8.13%

Cash On Cash

8.76%

Cap Rate

1.46

DSCR

$3,303

Rent

$527

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,303 income − $2,776 expenses = $527 cash flow

Income$3,303Mortgage P&I$1,42043%Property Taxes$843%Insurance$1003%HOA$502%Management$39612%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36311%Cash Flow$527

Investment Breakdown

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Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,829

Downpayment

20%

$56,980

Closing costs

1%

$2,849

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,303

Total Expenses

$2,776

Mortgage P&I

43%

$1,420

Property Taxes

3%

$84

Home Insurance

3%

$100

HOA

2%

$50

Property Management

12%

$396

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$363

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