REI Lense

REI Lense

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$1,526 (target)

7400 W 7th St, Texarkana, TX 75501

3 beds • 2 baths • 1295 sqft

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This property might be a fair Long-Term investment with a projected 3.92% first-year return on $36,750 initial cash invested.

3.92%

Cash On Cash

7.58%

Cap Rate

1.22

DSCR

$1,526

Rent

$120

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,526 income − $1,406 expenses = $120 cash flow

Income$1,526Mortgage P&I$90960%Property Taxes$393%Insurance$614%Management$15310%CapEx$765%Vacancy$926%Maintenance$765%Cash Flow$120

Investment Breakdown

|

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,750

Downpayment

20%

$35,000

Closing costs

1%

$1,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,526

Total Expenses

$1,406

Mortgage P&I

60%

$909

Property Taxes

3%

$39

Home Insurance

4%

$61

HOA

0%

$0

Property Management

10%

$153

CapEx

5%

$76

Vacancy

6%

$92

Maintenance

5%

$76

Other

0%

$0

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