REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,100 (target)

604 S Lincoln St, Midland, TX 79701

3 beds • 2 baths • 1509 sqft

Email

This property might be a fair Mid-Term investment with a projected 7.43% first-year return on $75,750 initial cash invested.

7.43%

Cash On Cash

8.98%

Cap Rate

1.41

DSCR

$3,100

Rent

$469

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,100 income − $2,631 expenses = $469 cash flow

Income$3,100Mortgage P&I$1,46447%Property Taxes$171%Insurance$963%Management$37212%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34111%Cash Flow$469

Investment Breakdown

|

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,100

Total Expenses

$2,631

Mortgage P&I

47%

$1,464

Property Taxes

1%

$17

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$372

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$341

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis