REI Lense

REI Lense

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$1,427 (target)

713 Martha Dr, Gladewater, TX 75647

3 beds • 2 baths • 1588 sqft

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This property looks like a bad Long-Term investment with a projected -1.5% first-year return on $35,889 initial cash invested.

-1.5%

Cash On Cash

6.52%

Cap Rate

1.03

DSCR

$1,427

Rent

-$45

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,427 income − $1,472 expenses = $45 out of pocket

Income$1,427Out of Pocket$45Mortgage P&I$90263%Property Taxes$13810%Insurance$614%Management$14310%CapEx$715%Vacancy$866%Maintenance$715%

Investment Breakdown

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Purchase Price

$171k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,889

Downpayment

20%

$34,180

Closing costs

1%

$1,709

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,427

Total Expenses

$1,472

Mortgage P&I

63%

$902

Property Taxes

10%

$138

Home Insurance

4%

$61

HOA

0%

$0

Property Management

10%

$143

CapEx

5%

$71

Vacancy

6%

$86

Maintenance

5%

$71

Other

0%

$0

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