REI Lense

REI Lense

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$1,918 (target)

9779 Harbor Mist Ln, Converse, TX 78109

3 beds • 3 baths • 2324 sqft

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This property looks like a bad Long-Term investment with a projected -13.74% first-year return on $57,750 initial cash invested.

-13.74%

Cash On Cash

3.63%

Cap Rate

0.6

DSCR

$1,918

Rent

-$661

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,918 income − $2,579 expenses = $661 out of pocket

Income$1,918Out of Pocket$661Mortgage P&I$1,39873%Property Taxes$55429%Insurance$965%HOA$322%Management$19210%CapEx$965%Vacancy$1156%Maintenance$965%

Investment Breakdown

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Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,918

Total Expenses

$2,579

Mortgage P&I

73%

$1,398

Property Taxes

29%

$554

Home Insurance

5%

$96

HOA

2%

$32

Property Management

10%

$192

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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