REI Lense

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$3,478 (target)

900 6th St, Bay City, TX 77414

3 beds • 4 baths • 2854 sqft

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This property might be a fair Mid-Term investment with a projected 0.09% first-year return on $82,890 initial cash invested.

0.09%

Cash On Cash

6.95%

Cap Rate

1.09

DSCR

$3,478

Rent

$6

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,478 income − $3,472 expenses = $6 cash flow

Income$3,478Mortgage P&I$1,64547%Property Taxes$53715%Insurance$1083%Management$41712%CapEx$1394%Vacancy$1043%Maintenance$1394%Other$38311%Cash Flow$6

Investment Breakdown

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Purchase Price

$309k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,890

Downpayment

20%

$61,800

Closing costs

1%

$3,090

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,478

Total Expenses

$3,472

Mortgage P&I

47%

$1,645

Property Taxes

15%

$537

Home Insurance

3%

$108

HOA

0%

$0

Property Management

12%

$417

CapEx

4%

$139

Vacancy

3%

$104

Maintenance

4%

$139

Other

11%

$383

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