REI Lense

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$2,784 (target)

500 Airport Blvd, Del Rio, TX 78840

3 beds • 3 baths • 1658 sqft

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This property might be a fair Mid-Term investment with a projected 0.76% first-year return on $68,295 initial cash invested.

0.76%

Cash On Cash

7.17%

Cap Rate

1.12

DSCR

$2,784

Rent

$43

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,784 income − $2,741 expenses = $43 cash flow

Income$2,784Mortgage P&I$1,27846%Property Taxes$43316%Insurance$843%Management$33412%CapEx$1114%Vacancy$843%Maintenance$1114%Other$30611%Cash Flow$43

Investment Breakdown

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Purchase Price

$240k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,295

Downpayment

20%

$47,900

Closing costs

1%

$2,395

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,784

Total Expenses

$2,741

Mortgage P&I

46%

$1,278

Property Taxes

16%

$433

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$334

CapEx

4%

$111

Vacancy

3%

$84

Maintenance

4%

$111

Other

11%

$306

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