REI Lense

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$2,643 (target)

609 Hastings Rd, Belton, TX 76513

3 beds • 2 baths • 1494 sqft

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This property might be a fair Mid-Term investment with a projected 2.52% first-year return on $67,161 initial cash invested.

2.52%

Cash On Cash

7.59%

Cap Rate

1.2

DSCR

$2,643

Rent

$141

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,643 income − $2,502 expenses = $141 cash flow

Income$2,643Mortgage P&I$1,23347%Property Taxes$28611%Insurance$843%Management$31712%CapEx$1064%Vacancy$793%Maintenance$1064%Other$29111%Cash Flow$141

Investment Breakdown

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Purchase Price

$234k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,161

Downpayment

20%

$46,820

Closing costs

1%

$2,341

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,643

Total Expenses

$2,502

Mortgage P&I

47%

$1,233

Property Taxes

11%

$286

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$317

CapEx

4%

$106

Vacancy

3%

$79

Maintenance

4%

$106

Other

11%

$291

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