REI Lense

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$1,857 (target)

913 Alamo Ct, Temple, TX 76501

3 beds • 2 baths • 1208 sqft

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This property might be a fair Mid-Term investment with a projected 8.25% first-year return on $47,715 initial cash invested.

8.25%

Cash On Cash

9.88%

Cap Rate

1.53

DSCR

$1,857

Rent

$328

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,857 income − $1,529 expenses = $328 cash flow

Income$1,857Mortgage P&I$76341%Property Taxes$654%Insurance$704%Management$22312%CapEx$744%Vacancy$563%Maintenance$744%Other$20411%Cash Flow$328

Investment Breakdown

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Purchase Price

$142k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,715

Downpayment

20%

$28,300

Closing costs

1%

$1,415

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,857

Total Expenses

$1,529

Mortgage P&I

41%

$763

Property Taxes

4%

$65

Home Insurance

4%

$70

HOA

0%

$0

Property Management

12%

$223

CapEx

4%

$74

Vacancy

3%

$56

Maintenance

4%

$74

Other

11%

$204

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