REI Lense

REI Lense

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$2,285 (target)

1024 Mountview Dr, Carrollton, TX 75006

3 beds • 2 baths • 1544 sqft

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This property looks like a bad Long-Term investment with a projected -11.92% first-year return on $69,279 initial cash invested.

-11.92%

Cash On Cash

3.96%

Cap Rate

0.65

DSCR

$2,285

Rent

-$688

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,285 income − $2,973 expenses = $688 out of pocket

Income$2,285Out of Pocket$688Mortgage P&I$1,66273%Property Taxes$60226%Insurance$1165%Management$22810%CapEx$1145%Vacancy$1376%Maintenance$1145%

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,279

Downpayment

20%

$65,980

Closing costs

1%

$3,299

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,285

Total Expenses

$2,973

Mortgage P&I

73%

$1,662

Property Taxes

26%

$602

Home Insurance

5%

$116

HOA

0%

$0

Property Management

10%

$228

CapEx

5%

$114

Vacancy

6%

$137

Maintenance

5%

$114

Other

0%

$0

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