REI Lense

REI Lense

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$1,600 (target)

544 Lenox St, Waco, TX 76704

3 beds • 2 baths • 1109 sqft

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This property looks like a bad Long-Term investment with a projected -8.08% first-year return on $43,218 initial cash invested.

-8.08%

Cash On Cash

5.03%

Cap Rate

0.8

DSCR

$1,600

Rent

-$291

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,600 income − $1,891 expenses = $291 out of pocket

Income$1,600Out of Pocket$291Mortgage P&I$1,07367%Property Taxes$32821%Insurance$745%Management$16010%CapEx$805%Vacancy$966%Maintenance$805%

Investment Breakdown

|

Purchase Price

$206k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,218

Downpayment

20%

$41,160

Closing costs

1%

$2,058

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,600

Total Expenses

$1,891

Mortgage P&I

67%

$1,073

Property Taxes

21%

$328

Home Insurance

5%

$74

HOA

0%

$0

Property Management

10%

$160

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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