REI Lense

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$2,818 (target)

1116 Cottonwood Dr, Crowley, TX 76036

3 beds • 2 baths • 1410 sqft

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This property might be a fair Mid-Term investment with a projected 0.57% first-year return on $67,644 initial cash invested.

0.57%

Cash On Cash

6.97%

Cap Rate

1.12

DSCR

$2,818

Rent

$32

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,818 income − $2,786 expenses = $32 cash flow

Income$2,818Mortgage P&I$1,22844%Property Taxes$49618%Insurance$843%HOA$191%Management$33812%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31011%Cash Flow$32

Investment Breakdown

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Purchase Price

$236k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,644

Downpayment

20%

$47,280

Closing costs

1%

$2,364

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,818

Total Expenses

$2,786

Mortgage P&I

44%

$1,228

Property Taxes

18%

$496

Home Insurance

3%

$84

HOA

1%

$19

Property Management

12%

$338

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$310

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