REI Lense

REI Lense

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$1,589 (target)

715 Indiana St, Wolfforth, TX 79382

3 beds • 2 baths • 1733 sqft

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This property looks like a bad Long-Term investment with a projected -10.12% first-year return on $43,995 initial cash invested.

-10.12%

Cash On Cash

4.59%

Cap Rate

0.73

DSCR

$1,589

Rent

-$371

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,589 income − $1,960 expenses = $371 out of pocket

Income$1,589Out of Pocket$371Mortgage P&I$1,09469%Property Taxes$38024%Insurance$745%Management$15910%CapEx$795%Vacancy$956%Maintenance$795%

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,995

Downpayment

20%

$41,900

Closing costs

1%

$2,095

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,589

Total Expenses

$1,960

Mortgage P&I

69%

$1,094

Property Taxes

24%

$380

Home Insurance

5%

$74

HOA

0%

$0

Property Management

10%

$159

CapEx

5%

$79

Vacancy

6%

$95

Maintenance

5%

$79

Other

0%

$0

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