REI Lense

REI Lense

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$1,221 (target)

917 Leach St, Kilgore, TX 75662

3 beds • 2 baths • 1200 sqft

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This property looks like a bad Long-Term investment with a projected -11% first-year return on $47,250 initial cash invested.

-11%

Cash On Cash

4.34%

Cap Rate

0.69

DSCR

$1,221

Rent

-$433

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,221 income − $1,654 expenses = $433 out of pocket

Income$1,221Out of Pocket$433Mortgage P&I$1,18697%Property Taxes$726%Insurance$796%Management$12210%CapEx$615%Vacancy$736%Maintenance$615%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,221

Total Expenses

$1,654

Mortgage P&I

97%

$1,186

Property Taxes

6%

$72

Home Insurance

6%

$79

HOA

0%

$0

Property Management

10%

$122

CapEx

5%

$61

Vacancy

6%

$73

Maintenance

5%

$61

Other

0%

$0

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