REI Lense

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$3,950 (target)

105 Lachite Dr #D, Horseshoe Bay, TX 78657

3 beds • 4 baths • 2196 sqft

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This property looks like a bad Long-Term investment with a projected -5.38% first-year return on $113k initial cash invested.

-5.38%

Cash On Cash

5.34%

Cap Rate

0.89

DSCR

$3,950

Rent

-$505

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,950 income − $4,455 expenses = $505 out of pocket

Income$3,950Out of Pocket$505Mortgage P&I$2,69268%Property Taxes$49012%Insurance$1885%HOA$571%Management$39510%CapEx$1985%Vacancy$2376%Maintenance$1985%

Investment Breakdown

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Purchase Price

$536k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$107k

Closing costs

1%

$5,359

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,950

Total Expenses

$4,455

Mortgage P&I

68%

$2,692

Property Taxes

12%

$490

Home Insurance

5%

$188

HOA

1%

$57

Property Management

10%

$395

CapEx

5%

$198

Vacancy

6%

$237

Maintenance

5%

$198

Other

0%

$0

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