REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,062 (target)

1037 Nancy Ln, Lancaster, TX 75134

3 beds • 2 baths • 1445 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.86% first-year return on $69,093 initial cash invested.

3.86%

Cash On Cash

7.72%

Cap Rate

1.28

DSCR

$3,062

Rent

$222

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,062 income − $2,840 expenses = $222 cash flow

Income$3,062Mortgage P&I$1,22240%Property Taxes$48716%Insurance$913%Management$36712%CapEx$1224%Vacancy$923%Maintenance$1224%Other$33711%Cash Flow$222

Investment Breakdown

|

Purchase Price

$243k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,093

Downpayment

20%

$48,660

Closing costs

1%

$2,433

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,062

Total Expenses

$2,840

Mortgage P&I

40%

$1,222

Property Taxes

16%

$487

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$367

CapEx

4%

$122

Vacancy

3%

$92

Maintenance

4%

$122

Other

11%

$337

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis