REI Lense

REI Lense

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$2,154 (target)

105 Alice Dr, Little Elm, TX 75068

3 beds • 2 baths • 1595 sqft

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This property looks like a bad Long-Term investment with a projected -10.02% first-year return on $65,541 initial cash invested.

-10.02%

Cash On Cash

4.28%

Cap Rate

0.72

DSCR

$2,154

Rent

-$547

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,154 income − $2,701 expenses = $547 out of pocket

Income$2,154Out of Pocket$547Mortgage P&I$1,55372%Property Taxes$47122%Insurance$1175%Management$21510%CapEx$1085%Vacancy$1296%Maintenance$1085%

Investment Breakdown

|

Purchase Price

$312k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,541

Downpayment

20%

$62,420

Closing costs

1%

$3,121

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,154

Total Expenses

$2,701

Mortgage P&I

72%

$1,553

Property Taxes

22%

$471

Home Insurance

5%

$117

HOA

0%

$0

Property Management

10%

$215

CapEx

5%

$108

Vacancy

6%

$129

Maintenance

5%

$108

Other

0%

$0

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