REI Lense

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$2,082 (target)

705 Elmridge Dr, Tyler, TX 75703

3 beds • 2 baths • 1967 sqft

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This property looks like a bad Long-Term investment with a projected -10.02% first-year return on $70,329 initial cash invested.

-10.02%

Cash On Cash

4.52%

Cap Rate

0.72

DSCR

$2,082

Rent

-$587

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,082 income − $2,669 expenses = $587 out of pocket

Income$2,082Out of Pocket$587Mortgage P&I$1,74484%Property Taxes$26713%Insurance$1176%Management$20810%CapEx$1045%Vacancy$1256%Maintenance$1045%

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,329

Downpayment

20%

$66,980

Closing costs

1%

$3,349

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,082

Total Expenses

$2,669

Mortgage P&I

84%

$1,744

Property Taxes

13%

$267

Home Insurance

6%

$117

HOA

0%

$0

Property Management

10%

$208

CapEx

5%

$104

Vacancy

6%

$125

Maintenance

5%

$104

Other

0%

$0

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