REI Lense

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$2,087 (target)

1448 Knottingham Dr, Little Elm, TX 75068

3 beds • 2 baths • 1585 sqft

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This property looks like a bad Long-Term investment with a projected -13.5% first-year return on $68,250 initial cash invested.

-13.5%

Cash On Cash

3.53%

Cap Rate

0.59

DSCR

$2,087

Rent

-$768

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,087 income − $2,855 expenses = $768 out of pocket

Income$2,087Out of Pocket$768Mortgage P&I$1,62078%Property Taxes$54626%Insurance$1145%HOA$332%Management$20910%CapEx$1045%Vacancy$1256%Maintenance$1045%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,087

Total Expenses

$2,855

Mortgage P&I

78%

$1,620

Property Taxes

26%

$546

Home Insurance

5%

$114

HOA

2%

$33

Property Management

10%

$209

CapEx

5%

$104

Vacancy

6%

$125

Maintenance

5%

$104

Other

0%

$0

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