REI Lense

REI Lense

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$1,574 (target)

8434 Trumpet Circle, Converse, TX 78109

3 beds • 2 baths • 1111 sqft

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This property looks like a bad Long-Term investment with a projected -7.23% first-year return on $42,000 initial cash invested.

-7.23%

Cash On Cash

5.2%

Cap Rate

0.83

DSCR

$1,574

Rent

-$253

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,000

Downpayment

20%

$40,000

Closing costs

1%

$2,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,574

Total Expenses

$1,827

Mortgage P&I

66%

$1,040

Property Taxes

18%

$283

Home Insurance

4%

$70

HOA

2%

$25

Property Management

10%

$157

CapEx

5%

$79

Vacancy

6%

$94

Maintenance

5%

$79

Other

0%

$0

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