REI Lense

REI Lense

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$1,414 (target)

955 Lcr 463, Mexia, TX 76667

3 beds • 2 baths • 1144 sqft

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This property might be a fair Long-Term investment with a projected 5.28% first-year return on $30,450 initial cash invested.

5.28%

Cash On Cash

7.94%

Cap Rate

1.27

DSCR

$1,414

Rent

$134

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,414 income − $1,280 expenses = $134 cash flow

Income$1,414Mortgage P&I$75553%Property Taxes$1067%Insurance$514%Management$14110%CapEx$715%Vacancy$856%Maintenance$715%Cash Flow$134

Investment Breakdown

|

Purchase Price

$145k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$30,450

Downpayment

20%

$29,000

Closing costs

1%

$1,450

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,414

Total Expenses

$1,280

Mortgage P&I

53%

$755

Property Taxes

8%

$106

Home Insurance

4%

$51

HOA

0%

$0

Property Management

10%

$141

CapEx

5%

$71

Vacancy

6%

$85

Maintenance

5%

$71

Other

0%

$0

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