REI Lense

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$2,900 (target)

1408 Frenchmans Dr, Desoto, TX 75115

3 beds • 3 baths • 2095 sqft

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This property looks like a bad Long-Term investment with a projected -8.59% first-year return on $81,879 initial cash invested.

-8.59%

Cash On Cash

4.54%

Cap Rate

0.77

DSCR

$2,900

Rent

-$586

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,900 income − $3,486 expenses = $586 out of pocket

Income$2,900Out of Pocket$586Mortgage P&I$1,91566%Property Taxes$68123%Insurance$1365%Management$29010%CapEx$1455%Vacancy$1746%Maintenance$1455%

Investment Breakdown

|

Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,879

Downpayment

20%

$77,980

Closing costs

1%

$3,899

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,900

Total Expenses

$3,486

Mortgage P&I

66%

$1,915

Property Taxes

23%

$681

Home Insurance

5%

$136

HOA

0%

$0

Property Management

10%

$290

CapEx

5%

$145

Vacancy

6%

$174

Maintenance

5%

$145

Other

0%

$0

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