REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,249 (target)

8295 Palo Pinto Hwy, Mineral Wells, TX 76067

3 beds • 3 baths • 2271 sqft

Email

This property might be a fair Mid-Term investment with a projected 5.21% first-year return on $71,109 initial cash invested.

5.21%

Cash On Cash

8.52%

Cap Rate

1.32

DSCR

$3,249

Rent

$309

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,249 income − $2,940 expenses = $309 cash flow

Income$3,249Mortgage P&I$1,35642%Property Taxes$39212%Insurance$883%Management$39012%CapEx$1304%Vacancy$973%Maintenance$1304%Other$35711%Cash Flow$309

Investment Breakdown

|

Purchase Price

$253k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,109

Downpayment

20%

$50,580

Closing costs

1%

$2,529

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,249

Total Expenses

$2,940

Mortgage P&I

42%

$1,356

Property Taxes

12%

$392

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$390

CapEx

4%

$130

Vacancy

3%

$97

Maintenance

4%

$130

Other

11%

$357

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis