REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,984 (target)

6339 Lakewood Dr, Gilmer, TX 75645

3 beds • 2 baths • 1749 sqft

Email

This property could be a profitable Mid-Term investment with a projected 10.24% first-year return on $67,350 initial cash invested.

10.24%

Cash On Cash

9.85%

Cap Rate

1.56

DSCR

$2,984

Rent

$575

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,984 income − $2,409 expenses = $575 cash flow

Income$2,984Mortgage P&I$1,23541%Property Taxes$381%Insurance$823%HOA$401%Management$35812%CapEx$1194%Vacancy$903%Maintenance$1194%Other$32811%Cash Flow$575

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,984

Total Expenses

$2,409

Mortgage P&I

41%

$1,235

Property Taxes

1%

$38

Home Insurance

3%

$82

HOA

1%

$40

Property Management

12%

$358

CapEx

4%

$119

Vacancy

3%

$90

Maintenance

4%

$119

Other

11%

$328

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis