REI Lense

REI Lense

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$2,022 (target)

855 Avenue A, Canton, TX 75103

3 beds • 2 baths • 2256 sqft

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This property looks like a bad Long-Term investment with a projected -10.91% first-year return on $65,457 initial cash invested.

-10.91%

Cash On Cash

4.07%

Cap Rate

0.68

DSCR

$2,022

Rent

-$595

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,022 income − $2,617 expenses = $595 out of pocket

Income$2,022Out of Pocket$595Mortgage P&I$1,55177%Property Taxes$42821%Insurance$1136%Management$20210%CapEx$1015%Vacancy$1216%Maintenance$1015%

Investment Breakdown

|

Purchase Price

$312k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,457

Downpayment

20%

$62,340

Closing costs

1%

$3,117

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,022

Total Expenses

$2,617

Mortgage P&I

77%

$1,551

Property Taxes

21%

$428

Home Insurance

6%

$113

HOA

0%

$0

Property Management

10%

$202

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

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