REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,066 (target)

1805 Megan Creek Dr, Little Elm, TX 75068

3 beds • 2 baths • 1441 sqft

Email

This property looks like a bad Mid-Term investment with a projected -0.86% first-year return on $82,029 initial cash invested.

-0.86%

Cash On Cash

6.28%

Cap Rate

1.04

DSCR

$3,066

Rent

-$59

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,066 income − $3,125 expenses = $59 out of pocket

Income$3,066Out of Pocket$59Mortgage P&I$1,53250%Property Taxes$39713%Insurance$1073%HOA$462%Management$36812%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33711%

Investment Breakdown

|

Purchase Price

$305k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,029

Downpayment

20%

$60,980

Closing costs

1%

$3,049

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,066

Total Expenses

$3,125

Mortgage P&I

50%

$1,532

Property Taxes

13%

$397

Home Insurance

3%

$107

HOA

2%

$46

Property Management

12%

$368

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$337

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis