REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,140 (target)

713 Martha Dr, Gladewater, TX 75647

3 beds • 2 baths • 1588 sqft

Email

This property might be a fair Mid-Term investment with a projected 6.93% first-year return on $53,889 initial cash invested.

6.93%

Cash On Cash

9.12%

Cap Rate

1.44

DSCR

$2,140

Rent

$311

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,140 income − $1,829 expenses = $311 cash flow

Income$2,140Mortgage P&I$90242%Property Taxes$1386%Insurance$613%Management$25712%CapEx$864%Vacancy$643%Maintenance$864%Other$23511%Cash Flow$311

Investment Breakdown

|

Purchase Price

$171k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,889

Downpayment

20%

$34,180

Closing costs

1%

$1,709

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,140

Total Expenses

$1,829

Mortgage P&I

42%

$902

Property Taxes

6%

$138

Home Insurance

3%

$61

HOA

0%

$0

Property Management

12%

$257

CapEx

4%

$86

Vacancy

3%

$64

Maintenance

4%

$86

Other

11%

$235

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis