REI Lense

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$2,820 (target)

1301 Crestview Dr, Denison, TX 75020

3 beds • 2 baths • 2138 sqft

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This property might be a fair Mid-Term investment with a projected 1.39% first-year return on $72,600 initial cash invested.

1.39%

Cash On Cash

6.92%

Cap Rate

1.15

DSCR

$2,820

Rent

$84

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,820 income − $2,736 expenses = $84 cash flow

Income$2,820Mortgage P&I$1,30246%Property Taxes$38414%Insurance$913%Management$33812%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31011%Cash Flow$84

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,600

Downpayment

20%

$52,000

Closing costs

1%

$2,600

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,820

Total Expenses

$2,736

Mortgage P&I

46%

$1,302

Property Taxes

14%

$384

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$338

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$310

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