REI Lense

REI Lense

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$1,746 (target)

516 Wyndcrest Dr, Temple, TX 76502

3 beds • 2 baths • 1456 sqft

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This property looks like a bad Long-Term investment with a projected -14.2% first-year return on $49,434 initial cash invested.

-14.2%

Cash On Cash

3.86%

Cap Rate

0.6

DSCR

$1,746

Rent

-$585

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,746 income − $2,331 expenses = $585 out of pocket

Income$1,746Out of Pocket$585Mortgage P&I$1,25672%Property Taxes$53831%Insurance$835%Management$17510%CapEx$875%Vacancy$1056%Maintenance$875%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,434

Downpayment

20%

$47,080

Closing costs

1%

$2,354

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,746

Total Expenses

$2,331

Mortgage P&I

72%

$1,256

Property Taxes

31%

$538

Home Insurance

5%

$83

HOA

0%

$0

Property Management

10%

$175

CapEx

5%

$87

Vacancy

6%

$105

Maintenance

5%

$87

Other

0%

$0

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