REI Lense

REI Lense

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$2,615 (target)

1512 McCoy Pl, Carrollton, TX 75006

3 beds • 2 baths • 2323 sqft

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This property looks like a bad Long-Term investment with a projected -12.19% first-year return on $87,150 initial cash invested.

-12.19%

Cash On Cash

3.79%

Cap Rate

0.63

DSCR

$2,615

Rent

-$885

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,615 income − $3,500 expenses = $885 out of pocket

Income$2,615Out of Pocket$885Mortgage P&I$2,06579%Property Taxes$60923%Insurance$1456%Management$26210%CapEx$1315%Vacancy$1576%Maintenance$1315%

Investment Breakdown

|

Purchase Price

$415k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,150

Downpayment

20%

$83,000

Closing costs

1%

$4,150

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,615

Total Expenses

$3,500

Mortgage P&I

79%

$2,065

Property Taxes

23%

$609

Home Insurance

6%

$145

HOA

0%

$0

Property Management

10%

$262

CapEx

5%

$131

Vacancy

6%

$157

Maintenance

5%

$131

Other

0%

$0

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