REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

1023 N Lucas Dr, Grapevine, TX 76051

3 beds • 2 baths • 1664 sqft

Email

This property looks like a bad Long-Term investment with a projected -12.35% first-year return on $92,400 initial cash invested.

-12.35%

Cash On Cash

3.62%

Cap Rate

0.62

DSCR

$2,478

Rent

-$951

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$440k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,400

Downpayment

20%

$88,000

Closing costs

1%

$4,400

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,478

Total Expenses

$3,429

Mortgage P&I

87%

$2,153

Property Taxes

19%

$477

Home Insurance

6%

$154

HOA

0%

$0

Property Management

10%

$248

CapEx

5%

$124

Vacancy

6%

$149

Maintenance

5%

$124

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis