REI Lense

REI Lense

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$1,563 (target)

910 Star Ln, Gatesville, TX 76528

3 beds • 3 baths • 1500 sqft

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This property looks like a bad Long-Term investment with a projected -31.29% first-year return on $79,107 initial cash invested.

-31.29%

Cash On Cash

-0.26%

Cap Rate

-0.04

DSCR

$1,563

Rent

-$2,063

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,563 income − $3,626 expenses = $2,063 out of pocket

Income$1,563Out of Pocket$2,063Mortgage P&I$1,903122%Property Taxes$1,03266%Insurance$28518%Management$15610%CapEx$785%Vacancy$946%Maintenance$785%

Investment Breakdown

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Purchase Price

$377k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,107

Downpayment

20%

$75,340

Closing costs

1%

$3,767

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,563

Total Expenses

$3,626

Mortgage P&I

122%

$1,903

Property Taxes

66%

$1,032

Home Insurance

18%

$285

HOA

0%

$0

Property Management

10%

$156

CapEx

5%

$78

Vacancy

6%

$94

Maintenance

5%

$78

Other

0%

$0

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