REI Lense

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$2,025 (target)

1309 Indian Wells Trl, Midlothian, TX 76065

3 beds • 2 baths • 1218 sqft

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This property looks like a bad Long-Term investment with a projected -7.24% first-year return on $56,700 initial cash invested.

-7.24%

Cash On Cash

4.96%

Cap Rate

0.82

DSCR

$2,025

Rent

-$342

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,025 income − $2,367 expenses = $342 out of pocket

Income$2,025Out of Pocket$342Mortgage P&I$1,35867%Property Taxes$38919%Insurance$945%Management$20210%CapEx$1015%Vacancy$1226%Maintenance$1015%

Investment Breakdown

|

Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,700

Downpayment

20%

$54,000

Closing costs

1%

$2,700

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,025

Total Expenses

$2,367

Mortgage P&I

67%

$1,358

Property Taxes

19%

$389

Home Insurance

5%

$94

HOA

0%

$0

Property Management

10%

$202

CapEx

5%

$101

Vacancy

6%

$122

Maintenance

5%

$101

Other

0%

$0

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