REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,996 (target)

509 Penny Ln, Lindale, TX 75771

3 beds • 2 baths • 1728 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.09% first-year return on $74,490 initial cash invested.

3.09%

Cash On Cash

7.46%

Cap Rate

1.23

DSCR

$2,996

Rent

$192

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,996 income − $2,804 expenses = $192 cash flow

Income$2,996Mortgage P&I$1,36045%Property Taxes$33011%Insurance$943%Management$36012%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33011%Cash Flow$192

Investment Breakdown

|

Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,490

Downpayment

20%

$53,800

Closing costs

1%

$2,690

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,996

Total Expenses

$2,804

Mortgage P&I

45%

$1,360

Property Taxes

11%

$330

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$360

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$330

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis