REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,077 (target)

1008 E Grubb Dr, Mesquite, TX 75149

3 beds • 2 baths • 2495 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.89% first-year return on $95,763 initial cash invested.

-2.89%

Cash On Cash

6.44%

Cap Rate

0.97

DSCR

$4,077

Rent

-$231

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,077 income − $4,308 expenses = $231 out of pocket

Income$4,077Out of Pocket$231Mortgage P&I$2,05650%Property Taxes$73618%Insurance$1313%Management$48912%CapEx$1634%Vacancy$1223%Maintenance$1634%Other$44811%

Investment Breakdown

|

Purchase Price

$370k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,763

Downpayment

20%

$74,060

Closing costs

1%

$3,703

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,077

Total Expenses

$4,308

Mortgage P&I

50%

$2,056

Property Taxes

18%

$736

Home Insurance

3%

$131

HOA

0%

$0

Property Management

12%

$489

CapEx

4%

$163

Vacancy

3%

$122

Maintenance

4%

$163

Other

11%

$448

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis