REI Lense

REI Lense

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$2,503 (target)

1513 Big Sky Ln, Garland, TX 75042

3 beds • 2 baths • 1717 sqft

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This property looks like a bad Long-Term investment with a projected -11.37% first-year return on $92,253 initial cash invested.

-11.37%

Cash On Cash

4.15%

Cap Rate

0.67

DSCR

$2,503

Rent

-$874

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,503 income − $3,377 expenses = $874 out of pocket

Income$2,503Out of Pocket$874Mortgage P&I$2,26891%Property Taxes$1145%Insurance$1586%HOA$1877%Management$25010%CapEx$1255%Vacancy$1506%Maintenance$1255%

Investment Breakdown

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Purchase Price

$439k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,253

Downpayment

20%

$87,860

Closing costs

1%

$4,393

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,503

Total Expenses

$3,377

Mortgage P&I

91%

$2,268

Property Taxes

5%

$114

Home Insurance

6%

$158

HOA

7%

$187

Property Management

10%

$250

CapEx

5%

$125

Vacancy

6%

$150

Maintenance

5%

$125

Other

0%

$0

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