REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1309 Misty Way, Garland, TX 75040

3 beds • 2 baths • 1315 sqft

Email

This property looks like a bad Airbnb investment with a projected -7.24% first-year return on $79,257 initial cash invested.

-7.24%

Cash On Cash

4.57%

Cap Rate

0.76

DSCR

$3,027

Rent

-$478

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,027 income − $3,505 expenses = $478 out of pocket

Income$3,027Out of Pocket$478Mortgage P&I$1,46848%Property Taxes$47916%Insurance$1053%Management$45415%CapEx$1214%Maintenance$1214%Other$75725%

Investment Breakdown

|

Purchase Price

$292k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,257

Downpayment

20%

$58,340

Closing costs

1%

$2,917

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,027

Total Expenses

$3,505

Mortgage P&I

49%

$1,468

Property Taxes

16%

$479

Home Insurance

3%

$105

HOA

0%

$0

Property Management

15%

$454

CapEx

4%

$121

Vacancy

0%

$0

Maintenance

4%

$121

Other

25%

$757

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis