REI Lense

REI Lense

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$3,526 (target)

1523 Balboa Ln, Allen, TX 75002

3 beds • 2 baths • 1704 sqft

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This property looks like a bad Mid-Term investment with a projected -4.06% first-year return on $97,779 initial cash invested.

-4.06%

Cash On Cash

5.4%

Cap Rate

0.9

DSCR

$3,526

Rent

-$331

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$380k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,779

Downpayment

20%

$75,980

Closing costs

1%

$3,799

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,526

Total Expenses

$3,857

Mortgage P&I

54%

$1,899

Property Taxes

17%

$588

Home Insurance

4%

$133

HOA

1%

$38

Property Management

12%

$423

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$388

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