REI Lense

REI Lense

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$1,614 (target)

6405 Graceland Dr, Greenville, TX 75402

3 beds • 2 baths • 1169 sqft

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This property looks like a bad Long-Term investment with a projected -10.03% first-year return on $47,145 initial cash invested.

-10.03%

Cash On Cash

4.48%

Cap Rate

0.73

DSCR

$1,614

Rent

-$394

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,614 income − $2,008 expenses = $394 out of pocket

Income$1,614Out of Pocket$394Mortgage P&I$1,15171%Property Taxes$35022%Insurance$795%HOA$8Management$16110%CapEx$815%Vacancy$976%Maintenance$815%

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,145

Downpayment

20%

$44,900

Closing costs

1%

$2,245

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,614

Total Expenses

$2,008

Mortgage P&I

71%

$1,151

Property Taxes

22%

$350

Home Insurance

5%

$79

HOA

1%

$8

Property Management

10%

$161

CapEx

5%

$81

Vacancy

6%

$97

Maintenance

5%

$81

Other

0%

$0

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