REI Lense

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$3,327 (target)

1214 Eaton Ln, Grapevine, TX 76051

3 beds • 3 baths • 1818 sqft

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This property looks like a bad Long-Term investment with a projected -8.2% first-year return on $95,550 initial cash invested.

-8.2%

Cash On Cash

4.89%

Cap Rate

0.79

DSCR

$3,327

Rent

-$653

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,327 income − $3,980 expenses = $653 out of pocket

Income$3,327Out of Pocket$653Mortgage P&I$2,34270%Property Taxes$61418%Insurance$1595%Management$33310%CapEx$1665%Vacancy$2006%Maintenance$1665%

Investment Breakdown

|

Purchase Price

$455k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,550

Downpayment

20%

$91,000

Closing costs

1%

$4,550

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,327

Total Expenses

$3,980

Mortgage P&I

70%

$2,342

Property Taxes

18%

$614

Home Insurance

5%

$159

HOA

0%

$0

Property Management

10%

$333

CapEx

5%

$166

Vacancy

6%

$200

Maintenance

5%

$166

Other

0%

$0

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