REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1002 Meridith Dr, Terrell, TX 75160

3 beds • 2 baths • 2211 sqft

Email

This property looks like a bad Airbnb investment with a projected -18.59% first-year return on $86,250 initial cash invested.

-18.59%

Cash On Cash

1.28%

Cap Rate

0.22

DSCR

$1,862

Rent

-$1,336

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,862 income − $3,198 expenses = $1,336 out of pocket

Income$1,862Out of Pocket$1,336Mortgage P&I$1,60986%Property Taxes$58231%Insurance$1146%Management$27915%CapEx$744%Maintenance$744%Other$46625%

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,862

Total Expenses

$3,198

Mortgage P&I

86%

$1,609

Property Taxes

31%

$582

Home Insurance

6%

$114

HOA

0%

$0

Property Management

15%

$279

CapEx

4%

$74

Vacancy

0%

$0

Maintenance

4%

$74

Other

25%

$466

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis