REI Lense

REI Lense

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$3,278 (target)

103 Cedar Dr, Red Oak, TX 75154

3 beds • 2 baths • 2594 sqft

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This property looks like a bad Long-Term investment with a projected -7.12% first-year return on $99,750 initial cash invested.

-7.12%

Cash On Cash

4.81%

Cap Rate

0.82

DSCR

$3,278

Rent

-$592

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,278 income − $3,870 expenses = $592 out of pocket

Income$3,278Out of Pocket$592Mortgage P&I$2,33371%Property Taxes$51816%Insurance$1665%Management$32810%CapEx$1645%Vacancy$1976%Maintenance$1645%

Investment Breakdown

|

Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,750

Downpayment

20%

$95,000

Closing costs

1%

$4,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,278

Total Expenses

$3,870

Mortgage P&I

71%

$2,333

Property Taxes

16%

$518

Home Insurance

5%

$166

HOA

0%

$0

Property Management

10%

$328

CapEx

5%

$164

Vacancy

6%

$197

Maintenance

5%

$164

Other

0%

$0

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