REI Lense

REI Lense

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$1,732 (target)

510 Wedgwood Dr, Temple, TX 76502

3 beds • 2 baths • 1500 sqft

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This property looks like a bad Long-Term investment with a projected -5.31% first-year return on $53,382 initial cash invested.

-5.31%

Cash On Cash

5.35%

Cap Rate

0.88

DSCR

$1,732

Rent

-$236

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$254k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,382

Downpayment

20%

$50,840

Closing costs

1%

$2,542

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,732

Total Expenses

$1,968

Mortgage P&I

74%

$1,283

Property Taxes

8%

$143

Home Insurance

5%

$91

HOA

0%

$0

Property Management

10%

$173

CapEx

5%

$87

Vacancy

6%

$104

Maintenance

5%

$87

Other

0%

$0

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