REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,140 (target)

12 Merrie Cir, Richardson, TX 75081

3 beds • 2 baths • 1659 sqft

Email

This property looks like a bad Mid-Term investment with a projected -11.36% first-year return on $104k initial cash invested.

-11.36%

Cash On Cash

4.09%

Cap Rate

0.62

DSCR

$3,140

Rent

-$986

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,140 income − $4,126 expenses = $986 out of pocket

Income$3,140Out of Pocket$986Mortgage P&I$2,25872%Property Taxes$65321%Insurance$1475%Management$37712%CapEx$1264%Vacancy$943%Maintenance$1264%Other$34511%

Investment Breakdown

|

Purchase Price

$410k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$82,060

Closing costs

1%

$4,103

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,140

Total Expenses

$4,126

Mortgage P&I

72%

$2,258

Property Taxes

21%

$653

Home Insurance

5%

$147

HOA

0%

$0

Property Management

12%

$377

CapEx

4%

$126

Vacancy

3%

$94

Maintenance

4%

$126

Other

11%

$345

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis