REI Lense

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$1,796 (target)

502 Ric Mar St, Edinburg, TX 78541

3 beds • 2 baths • 1822 sqft

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This property looks like a bad Long-Term investment with a projected -4.03% first-year return on $41,979 initial cash invested.

-4.03%

Cash On Cash

6.05%

Cap Rate

0.95

DSCR

$1,796

Rent

-$141

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,796 income − $1,937 expenses = $141 out of pocket

Income$1,796Out of Pocket$141Mortgage P&I$1,05859%Property Taxes$34119%Insurance$704%Management$18010%CapEx$905%Vacancy$1086%Maintenance$905%

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,796

Total Expenses

$1,937

Mortgage P&I

59%

$1,058

Property Taxes

19%

$341

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$180

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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