REI Lense

REI Lense

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$3,219 (target)

659 Point Vista Dr, Aledo, TX 76008

3 beds • 3 baths • 2559 sqft

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This property looks like a bad Long-Term investment with a projected -17.12% first-year return on $123k initial cash invested.

-17.12%

Cash On Cash

2.72%

Cap Rate

0.45

DSCR

$3,219

Rent

-$1,753

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,219 income − $4,972 expenses = $1,753 out of pocket

Income$3,219Out of Pocket$1,753Mortgage P&I$2,91791%Property Taxes$97230%Insurance$1926%HOA$542%Management$32210%CapEx$1615%Vacancy$1936%Maintenance$1615%

Investment Breakdown

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Purchase Price

$585k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$117k

Closing costs

1%

$5,851

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,219

Total Expenses

$4,972

Mortgage P&I

91%

$2,917

Property Taxes

30%

$972

Home Insurance

6%

$192

HOA

2%

$54

Property Management

10%

$322

CapEx

5%

$161

Vacancy

6%

$193

Maintenance

5%

$161

Other

0%

$0

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