REI Lense

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$4,188 (target)

4574 N State Highway 121, Bonham, TX 75418

3 beds • 2 baths • 2005 sqft

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This property might be a fair Mid-Term investment with a projected 4.08% first-year return on $95,700 initial cash invested.

4.08%

Cash On Cash

7.61%

Cap Rate

1.27

DSCR

$4,188

Rent

$325

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,188 income − $3,863 expenses = $325 cash flow

Income$4,188Mortgage P&I$1,85444%Property Taxes$46611%Insurance$1173%Management$50312%CapEx$1684%Vacancy$1263%Maintenance$1684%Other$46111%Cash Flow$325

Investment Breakdown

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Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,700

Downpayment

20%

$74,000

Closing costs

1%

$3,700

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,188

Total Expenses

$3,863

Mortgage P&I

44%

$1,854

Property Taxes

11%

$466

Home Insurance

3%

$117

HOA

0%

$0

Property Management

12%

$503

CapEx

4%

$168

Vacancy

3%

$126

Maintenance

4%

$168

Other

11%

$461

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