REI Lense

REI Lense

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$2,549 (target)

1814 Walnut Ave, Carrollton, TX 75006

3 beds • 2 baths • 1705 sqft

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This property looks like a bad Long-Term investment with a projected -12.56% first-year return on $91,329 initial cash invested.

-12.56%

Cash On Cash

3.76%

Cap Rate

0.62

DSCR

$2,549

Rent

-$956

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,549 income − $3,505 expenses = $956 out of pocket

Income$2,549Out of Pocket$956Mortgage P&I$2,19186%Property Taxes$50020%Insurance$1526%Management$25510%CapEx$1275%Vacancy$1536%Maintenance$1275%

Investment Breakdown

|

Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,329

Downpayment

20%

$86,980

Closing costs

1%

$4,349

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,549

Total Expenses

$3,505

Mortgage P&I

86%

$2,191

Property Taxes

20%

$500

Home Insurance

6%

$152

HOA

0%

$0

Property Management

10%

$255

CapEx

5%

$127

Vacancy

6%

$153

Maintenance

5%

$127

Other

0%

$0

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