REI Lense

REI Lense

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$2,903 (target)

1505 Vera Cruz Dr, Plano, TX 75074

3 beds • 3 baths • 2326 sqft

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This property looks like a bad Long-Term investment with a projected -11.5% first-year return on $94,290 initial cash invested.

-11.5%

Cash On Cash

4.56%

Cap Rate

0.69

DSCR

$2,903

Rent

-$904

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,903 income − $3,807 expenses = $904 out of pocket

Income$2,903Out of Pocket$904Mortgage P&I$2,46685%Property Taxes$43015%Insurance$1575%Management$29010%CapEx$1455%Vacancy$1746%Maintenance$1455%

Investment Breakdown

|

Purchase Price

$449k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,290

Downpayment

20%

$89,800

Closing costs

1%

$4,490

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,903

Total Expenses

$3,807

Mortgage P&I

85%

$2,466

Property Taxes

15%

$430

Home Insurance

5%

$157

HOA

0%

$0

Property Management

10%

$290

CapEx

5%

$145

Vacancy

6%

$174

Maintenance

5%

$145

Other

0%

$0

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