REI Lense

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$4,185 (target)

1611 Estacado Dr, Allen, TX 75013

3 beds • 3 baths • 2264 sqft

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This property looks like a bad Mid-Term investment with a projected -8.18% first-year return on $127k initial cash invested.

-8.18%

Cash On Cash

4.42%

Cap Rate

0.73

DSCR

$4,185

Rent

-$864

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,185 income − $5,049 expenses = $864 out of pocket

Income$4,185Out of Pocket$864Mortgage P&I$2,60662%Property Taxes$71317%Insurance$1814%HOA$1273%Management$50212%CapEx$1674%Vacancy$1263%Maintenance$1674%Other$46011%

Investment Breakdown

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Purchase Price

$518k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$104k

Closing costs

1%

$5,180

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,185

Total Expenses

$5,049

Mortgage P&I

62%

$2,606

Property Taxes

17%

$713

Home Insurance

4%

$181

HOA

3%

$127

Property Management

12%

$502

CapEx

4%

$167

Vacancy

3%

$126

Maintenance

4%

$167

Other

11%

$460

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