REI Lense

REI Lense

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$4,456 (target)

1414 British Blvd, Grand Prairie, TX 75050

3 beds • 2 baths • 2200 sqft

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This property might be a fair Mid-Term investment with a projected 8.47% first-year return on $95,490 initial cash invested.

8.47%

Cash On Cash

8.82%

Cap Rate

1.46

DSCR

$4,456

Rent

$674

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$369k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,490

Downpayment

20%

$73,800

Closing costs

1%

$3,690

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,456

Total Expenses

$3,782

Mortgage P&I

42%

$1,860

Property Taxes

6%

$278

Home Insurance

3%

$129

HOA

0%

$0

Property Management

12%

$535

CapEx

4%

$178

Vacancy

3%

$134

Maintenance

4%

$178

Other

11%

$490

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