REI Lense

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$2,071 (target)

970 Evergreen Ln, Beaumont, TX 77706

3 beds • 2 baths • 1932 sqft

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This property looks like a bad Long-Term investment with a projected -0.86% first-year return on $43,050 initial cash invested.

-0.86%

Cash On Cash

6.68%

Cap Rate

1.07

DSCR

$2,071

Rent

-$31

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,071 income − $2,102 expenses = $31 out of pocket

Income$2,071Out of Pocket$31Mortgage P&I$1,06952%Property Taxes$42220%Insurance$723%Management$20710%CapEx$1045%Vacancy$1246%Maintenance$1045%

Investment Breakdown

|

Purchase Price

$205k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,050

Downpayment

20%

$41,000

Closing costs

1%

$2,050

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,071

Total Expenses

$2,102

Mortgage P&I

52%

$1,069

Property Taxes

20%

$422

Home Insurance

3%

$72

HOA

0%

$0

Property Management

10%

$207

CapEx

5%

$104

Vacancy

6%

$124

Maintenance

5%

$104

Other

0%

$0

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