REI Lense

REI Lense

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$2,255 (target)

1229 Brookfield Ln, Mansfield, TX 76063

3 beds • 2 baths • 1814 sqft

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This property looks like a bad Long-Term investment with a projected -15.95% first-year return on $74,697 initial cash invested.

-15.95%

Cash On Cash

3.1%

Cap Rate

0.51

DSCR

$2,255

Rent

-$993

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,255 income − $3,248 expenses = $993 out of pocket

Income$2,255Out of Pocket$993Mortgage P&I$1,80080%Property Taxes$73333%Insurance$1286%Management$22610%CapEx$1135%Vacancy$1356%Maintenance$1135%

Investment Breakdown

|

Purchase Price

$356k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,697

Downpayment

20%

$71,140

Closing costs

1%

$3,557

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,255

Total Expenses

$3,248

Mortgage P&I

80%

$1,800

Property Taxes

33%

$733

Home Insurance

6%

$128

HOA

0%

$0

Property Management

10%

$226

CapEx

5%

$113

Vacancy

6%

$135

Maintenance

5%

$113

Other

0%

$0

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