REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,620 (target)

802.5 N Needmore St, Athens, TX 75751

3 beds • 2 baths • 1410 sqft

Email

This property might be a fair Mid-Term investment with a projected 5.74% first-year return on $62,940 initial cash invested.

5.74%

Cash On Cash

8.76%

Cap Rate

1.35

DSCR

$2,620

Rent

$301

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,620 income − $2,319 expenses = $301 cash flow

Income$2,620Mortgage P&I$1,15744%Property Taxes$1967%Insurance$753%Management$31412%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28811%Cash Flow$301

Investment Breakdown

|

Purchase Price

$214k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,940

Downpayment

20%

$42,800

Closing costs

1%

$2,140

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,620

Total Expenses

$2,319

Mortgage P&I

44%

$1,157

Property Taxes

7%

$196

Home Insurance

3%

$75

HOA

0%

$0

Property Management

12%

$314

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$288

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis