REI Lense

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$2,626 (target)

5602 Sayle St, Greenville, TX 75402

3 beds • 2 baths • 1704 sqft

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This property might be a fair Mid-Term investment with a projected 5.23% first-year return on $60,609 initial cash invested.

5.23%

Cash On Cash

8.33%

Cap Rate

1.35

DSCR

$2,626

Rent

$264

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,626 income − $2,362 expenses = $264 cash flow

Income$2,626Mortgage P&I$1,04040%Property Taxes$35514%Insurance$743%Management$31512%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28911%Cash Flow$264

Investment Breakdown

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Purchase Price

$203k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,609

Downpayment

20%

$40,580

Closing costs

1%

$2,029

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,626

Total Expenses

$2,362

Mortgage P&I

40%

$1,040

Property Taxes

14%

$355

Home Insurance

3%

$74

HOA

0%

$0

Property Management

12%

$315

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$289

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