REI Lense

REI Lense

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$1,713 (target)

765 Maplewood St, Canton, TX 75103

3 beds • 3 baths • 1567 sqft

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This property looks like a bad Long-Term investment with a projected -12.27% first-year return on $49,875 initial cash invested.

-12.27%

Cash On Cash

4.39%

Cap Rate

0.67

DSCR

$1,713

Rent

-$510

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,713 income − $2,223 expenses = $510 out of pocket

Income$1,713Out of Pocket$510Mortgage P&I$1,29375%Property Taxes$44126%Insurance$433%Management$17110%CapEx$865%Vacancy$1036%Maintenance$865%

Investment Breakdown

|

Purchase Price

$238k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,875

Downpayment

20%

$47,500

Closing costs

1%

$2,375

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,713

Total Expenses

$2,223

Mortgage P&I

75%

$1,293

Property Taxes

26%

$441

Home Insurance

3%

$43

HOA

0%

$0

Property Management

10%

$171

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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