REI Lense

REI Lense

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$3,279 (target)

705 Quail Walk, Cleburne, TX 76033

3 beds • 2 baths • 2345 sqft

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This property might be a fair Mid-Term investment with a projected 8.2% first-year return on $60,000 initial cash invested.

8.2%

Cash On Cash

9.49%

Cap Rate

1.52

DSCR

$3,279

Rent

$410

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,000

Downpayment

20%

$40,000

Closing costs

1%

$2,000

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,279

Total Expenses

$2,869

Mortgage P&I

32%

$1,041

Property Taxes

20%

$644

Home Insurance

2%

$70

HOA

0%

$0

Property Management

12%

$393

CapEx

4%

$131

Vacancy

3%

$98

Maintenance

4%

$131

Other

11%

$361

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