REI Lense

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$3,111 (target)

114 Freedom Trl, Forney, TX 75126

3 beds • 2 baths • 1832 sqft

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This property looks like a bad Mid-Term investment with a projected -0.38% first-year return on $76,800 initial cash invested.

-0.38%

Cash On Cash

6.82%

Cap Rate

1.07

DSCR

$3,111

Rent

-$24

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,111 income − $3,135 expenses = $24 out of pocket

Income$3,111Out of Pocket$24Mortgage P&I$1,49148%Property Taxes$46215%Insurance$983%HOA$281%Management$37312%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34211%

Investment Breakdown

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Purchase Price

$280k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,800

Downpayment

20%

$56,000

Closing costs

1%

$2,800

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,111

Total Expenses

$3,135

Mortgage P&I

48%

$1,491

Property Taxes

15%

$462

Home Insurance

3%

$98

HOA

1%

$28

Property Management

12%

$373

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$342

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