REI Lense

REI Lense

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$4,245 (target)

1701 McDavid Ct, Aledo, TX 76008

3 beds • 3 baths • 2857 sqft

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This property looks like a bad Long-Term investment with a projected -11.95% first-year return on $161k initial cash invested.

-11.95%

Cash On Cash

3.65%

Cap Rate

0.63

DSCR

$4,245

Rent

-$1,608

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,245 income − $5,853 expenses = $1,608 out of pocket

Income$4,245Out of Pocket$1,608Mortgage P&I$3,73288%Property Taxes$72817%Insurance$2696%HOA$21Management$42410%CapEx$2125%Vacancy$2556%Maintenance$2125%

Investment Breakdown

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Purchase Price

$769k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$161k

Downpayment

20%

$154k

Closing costs

1%

$7,690

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,245

Total Expenses

$5,853

Mortgage P&I

88%

$3,732

Property Taxes

17%

$728

Home Insurance

6%

$269

HOA

0%

$21

Property Management

10%

$424

CapEx

5%

$212

Vacancy

6%

$255

Maintenance

5%

$212

Other

0%

$0

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