REI Lense

REI Lense

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$1,631 (target)

6743 Rainbow Ln, Port Arthur, TX 77642

3 beds • 4 baths • 4800 sqft

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This property looks like a bad Long-Term investment with a projected -13.87% first-year return on $62,790 initial cash invested.

-13.87%

Cash On Cash

3.56%

Cap Rate

0.58

DSCR

$1,631

Rent

-$726

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,631 income − $2,357 expenses = $726 out of pocket

Income$1,631Out of Pocket$726Mortgage P&I$1,53194%Property Taxes$29618%Insurance$1056%Management$16310%CapEx$825%Vacancy$986%Maintenance$825%

Investment Breakdown

|

Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,790

Downpayment

20%

$59,800

Closing costs

1%

$2,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,631

Total Expenses

$2,357

Mortgage P&I

94%

$1,531

Property Taxes

18%

$296

Home Insurance

6%

$105

HOA

0%

$0

Property Management

10%

$163

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

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