REI Lense

REI Lense

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$1,443 (target)

4818 46th St, Lubbock, TX 79414

3 beds • 2 baths • 1437 sqft

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This property might be a fair Long-Term investment with a projected 1.81% first-year return on $33,138 initial cash invested.

1.81%

Cash On Cash

7.19%

Cap Rate

1.15

DSCR

$1,443

Rent

$50

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,443 income − $1,393 expenses = $50 cash flow

Income$1,443Mortgage P&I$82357%Property Taxes$14110%Insurance$544%Management$14410%CapEx$725%Vacancy$876%Maintenance$725%Cash Flow$50

Investment Breakdown

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Purchase Price

$158k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,138

Downpayment

20%

$31,560

Closing costs

1%

$1,578

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,443

Total Expenses

$1,393

Mortgage P&I

57%

$823

Property Taxes

10%

$141

Home Insurance

4%

$54

HOA

0%

$0

Property Management

10%

$144

CapEx

5%

$72

Vacancy

6%

$87

Maintenance

5%

$72

Other

0%

$0

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