REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,054 (target)

503 E 9th St, Hooks, TX 75561

3 beds • 2 baths • 1900 sqft

Email

This property could be a profitable Mid-Term investment with a projected 14.64% first-year return on $43,935 initial cash invested.

14.64%

Cash On Cash

12.3%

Cap Rate

1.95

DSCR

$2,054

Rent

$536

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,054 income − $1,518 expenses = $536 cash flow

Income$2,054Mortgage P&I$64832%Property Taxes$1296%Insurance$432%Management$24612%CapEx$824%Vacancy$623%Maintenance$824%Other$22611%Cash Flow$536

Investment Breakdown

|

Purchase Price

$124k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,935

Downpayment

20%

$24,700

Closing costs

1%

$1,235

Rehab

0%

$0

Furnishing

15%

$18,000

Cashflow

Total Income

$2,054

Total Expenses

$1,518

Mortgage P&I

32%

$648

Property Taxes

6%

$129

Home Insurance

2%

$43

HOA

0%

$0

Property Management

12%

$246

CapEx

4%

$82

Vacancy

3%

$62

Maintenance

4%

$82

Other

11%

$226

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis