REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,880 (target)

6411 Andover Dr, Amarillo, TX 79109

3 beds • 2 baths • 2603 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.08% first-year return on $96,645 initial cash invested.

1.08%

Cash On Cash

7.16%

Cap Rate

1.12

DSCR

$3,880

Rent

$87

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,880 income − $3,793 expenses = $87 cash flow

Income$3,880Mortgage P&I$1,99451%Property Taxes$3499%Insurance$1313%Management$46612%CapEx$1554%Vacancy$1163%Maintenance$1554%Other$42711%Cash Flow$87

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,645

Downpayment

20%

$74,900

Closing costs

1%

$3,745

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,880

Total Expenses

$3,793

Mortgage P&I

51%

$1,994

Property Taxes

9%

$349

Home Insurance

3%

$131

HOA

0%

$0

Property Management

12%

$466

CapEx

4%

$155

Vacancy

3%

$116

Maintenance

4%

$155

Other

11%

$427

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis