REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,169 (target)

105 High Meadow Rd, Red Oak, TX 75154

3 beds • 2 baths • 1604 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.45% first-year return on $65,751 initial cash invested.

-9.45%

Cash On Cash

4.46%

Cap Rate

0.74

DSCR

$2,169

Rent

-$518

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,169 income − $2,687 expenses = $518 out of pocket

Income$2,169Out of Pocket$518Mortgage P&I$1,57373%Property Taxes$42420%Insurance$1105%HOA$171%Management$21710%CapEx$1085%Vacancy$1306%Maintenance$1085%

Investment Breakdown

|

Purchase Price

$313k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,751

Downpayment

20%

$62,620

Closing costs

1%

$3,131

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,169

Total Expenses

$2,687

Mortgage P&I

73%

$1,573

Property Taxes

20%

$424

Home Insurance

5%

$110

HOA

1%

$17

Property Management

10%

$217

CapEx

5%

$108

Vacancy

6%

$130

Maintenance

5%

$108

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis