REI Lense

REI Lense

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$1,381 (target)

703 N Rodeo St, Gladewater, TX 75647

3 beds • 2 baths • 1125 sqft

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This property looks like a bad Long-Term investment with a projected -0.63% first-year return on $32,130 initial cash invested.

-0.63%

Cash On Cash

6.64%

Cap Rate

1.07

DSCR

$1,381

Rent

-$17

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,381 income − $1,398 expenses = $17 out of pocket

Income$1,381Out of Pocket$17Mortgage P&I$79558%Property Taxes$19014%Insurance$544%Management$13810%CapEx$695%Vacancy$836%Maintenance$695%

Investment Breakdown

|

Purchase Price

$153k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$32,130

Downpayment

20%

$30,600

Closing costs

1%

$1,530

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,381

Total Expenses

$1,398

Mortgage P&I

58%

$795

Property Taxes

14%

$190

Home Insurance

4%

$54

HOA

0%

$0

Property Management

10%

$138

CapEx

5%

$69

Vacancy

6%

$83

Maintenance

5%

$69

Other

0%

$0

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