REI Lense

REI Lense

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$2,656 (target)

607 Gayle St, Gladewater, TX 75647

3 beds • 2 baths • 1881 sqft

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This property might be a fair Mid-Term investment with a projected 1.32% first-year return on $75,729 initial cash invested.

1.32%

Cash On Cash

6.7%

Cap Rate

1.14

DSCR

$2,656

Rent

$83

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,729

Downpayment

20%

$54,980

Closing costs

1%

$2,749

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,656

Total Expenses

$2,573

Mortgage P&I

51%

$1,345

Property Taxes

9%

$229

Home Insurance

4%

$96

HOA

0%

$0

Property Management

12%

$319

CapEx

4%

$106

Vacancy

3%

$80

Maintenance

4%

$106

Other

11%

$292

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