REI Lense

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$3,375 (target)

1262 Valencia Ln, Lewisville, TX 75067

3 beds • 2 baths • 1472 sqft

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This property might be a fair Mid-Term investment with a projected 2.73% first-year return on $85,179 initial cash invested.

2.73%

Cash On Cash

7.28%

Cap Rate

1.2

DSCR

$3,375

Rent

$194

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,375 income − $3,181 expenses = $194 cash flow

Income$3,375Mortgage P&I$1,61248%Property Taxes$3109%Insurance$1123%Management$40512%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37111%Cash Flow$194

Investment Breakdown

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Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,179

Downpayment

20%

$63,980

Closing costs

1%

$3,199

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,375

Total Expenses

$3,181

Mortgage P&I

48%

$1,612

Property Taxes

9%

$310

Home Insurance

3%

$112

HOA

0%

$0

Property Management

12%

$405

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$371

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