REI Lense

REI Lense

$3,759 (target)

801 SE County Road 25, Corsicana, TX 75109

3 beds • 3 baths • 2064 sqft

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This property might be a fair Mid-Term investment with a projected 0.45% first-year return on $95,490 initial cash invested.

0.45%

Cash On Cash

7.24%

Cap Rate

1.09

DSCR

$3,759

Rent

$36

Cashflow

Cash Flow

$3,759 income − $3,723 expenses = $36 cash flow

Income$3,759P&I$2,04154%Taxes$2767%Insurance$1293%Mgmt$45112%CapEx$1504%Vacancy$1133%Maint.$1504%Other$41311%Cash Flow$36

Investment Breakdown

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Purchase Price

$369k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,490

Downpayment

20%

$73,800

Closing costs

1%

$3,690

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,759

Total Expenses

$3,723

Mortgage P&I

54%

$2,041

Property Taxes

7%

$276

Home Insurance

3%

$129

HOA

0%

$0

Property Management

12%

$451

CapEx

4%

$150

Vacancy

3%

$113

Maintenance

4%

$150

Other

11%

$413

See Corsicana, TX mid-term rental market →

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