REI Lense

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$2,619 (target)

5900 Plum St, Watauga, TX 76148

3 beds • 2 baths • 1263 sqft

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This property might be a fair Mid-Term investment with a projected 0.16% first-year return on $69,576 initial cash invested.

0.16%

Cash On Cash

6.74%

Cap Rate

1.09

DSCR

$2,619

Rent

$9

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,619 income − $2,610 expenses = $9 cash flow

Income$2,619Mortgage P&I$1,26548%Property Taxes$36614%Insurance$883%Management$31412%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28811%Cash Flow$9

Investment Breakdown

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Purchase Price

$246k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,576

Downpayment

20%

$49,120

Closing costs

1%

$2,456

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,619

Total Expenses

$2,610

Mortgage P&I

48%

$1,265

Property Taxes

14%

$366

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$314

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$288

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