REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,744 (target)

1214 Delmita Dr, Forney, TX 75126

3 beds • 2 baths • 1515 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.51% first-year return on $71,130 initial cash invested.

-3.51%

Cash On Cash

5.61%

Cap Rate

0.92

DSCR

$2,744

Rent

-$208

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,744 income − $2,952 expenses = $208 out of pocket

Income$2,744Out of Pocket$208Mortgage P&I$1,28147%Property Taxes$61622%Insurance$893%HOA$331%Management$32912%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30211%

Investment Breakdown

|

Purchase Price

$253k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,130

Downpayment

20%

$50,600

Closing costs

1%

$2,530

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,744

Total Expenses

$2,952

Mortgage P&I

47%

$1,281

Property Taxes

22%

$616

Home Insurance

3%

$89

HOA

1%

$33

Property Management

12%

$329

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$302

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis