REI Lense

REI Lense

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$1,639 (target)

901 Rambler Dr, Waco, TX 76710

3 beds • 2 baths • 1629 sqft

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This property looks like a bad Long-Term investment with a projected -13.96% first-year return on $54,936 initial cash invested.

-13.96%

Cash On Cash

3.64%

Cap Rate

0.59

DSCR

$1,639

Rent

-$639

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,639 income − $2,278 expenses = $639 out of pocket

Income$1,639Out of Pocket$639Mortgage P&I$1,35182%Property Taxes$41325%Insurance$885%Management$16410%CapEx$825%Vacancy$986%Maintenance$825%

Investment Breakdown

|

Purchase Price

$262k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,936

Downpayment

20%

$52,320

Closing costs

1%

$2,616

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,639

Total Expenses

$2,278

Mortgage P&I

82%

$1,351

Property Taxes

25%

$413

Home Insurance

5%

$88

HOA

0%

$0

Property Management

10%

$164

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

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