REI Lense

REI Lense

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$1,484 (target)

4484 Fm 2685, Gilmer, TX 75645

3 beds • 2 baths • 1680 sqft

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This property looks like a bad Long-Term investment with a projected -19.4% first-year return on $86,100 initial cash invested.

-19.4%

Cash On Cash

1.98%

Cap Rate

0.34

DSCR

$1,484

Rent

-$1,392

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,100

Downpayment

20%

$82,000

Closing costs

1%

$4,100

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,484

Total Expenses

$2,876

Mortgage P&I

134%

$1,995

Property Taxes

24%

$352

Home Insurance

10%

$144

HOA

0%

$0

Property Management

10%

$148

CapEx

5%

$74

Vacancy

6%

$89

Maintenance

5%

$74

Other

0%

$0

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