REI Lense

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$3,192 (target)

1560 Stainback Rd, Red Oak, TX 75154

3 beds • 2 baths • 1434 sqft

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This property looks like a bad Mid-Term investment with a projected -5.37% first-year return on $99,228 initial cash invested.

-5.37%

Cash On Cash

5%

Cap Rate

0.84

DSCR

$3,192

Rent

-$444

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,192 income − $3,636 expenses = $444 out of pocket

Income$3,192Out of Pocket$444Mortgage P&I$1,92860%Property Taxes$48415%Insurance$1384%Management$38312%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35111%

Investment Breakdown

|

Purchase Price

$387k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,228

Downpayment

20%

$77,360

Closing costs

1%

$3,868

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,192

Total Expenses

$3,636

Mortgage P&I

60%

$1,928

Property Taxes

15%

$484

Home Insurance

4%

$138

HOA

0%

$0

Property Management

12%

$383

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$351

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