REI Lense

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$4,125 (target)

1821 Quail Run Dr, Corinth, TX 76208

3 beds • 3 baths • 2520 sqft

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This property looks like a bad Long-Term investment with a projected -12.59% first-year return on $135k initial cash invested.

-12.59%

Cash On Cash

4.01%

Cap Rate

0.64

DSCR

$4,125

Rent

-$1,414

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,125 income − $5,539 expenses = $1,414 out of pocket

Income$4,125Out of Pocket$1,414Mortgage P&I$3,35281%Property Taxes$88121%Insurance$2346%Management$41210%CapEx$2065%Vacancy$2486%Maintenance$2065%

Investment Breakdown

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Purchase Price

$642k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$135k

Downpayment

20%

$128k

Closing costs

1%

$6,420

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,125

Total Expenses

$5,539

Mortgage P&I

81%

$3,352

Property Taxes

21%

$881

Home Insurance

6%

$234

HOA

0%

$0

Property Management

10%

$412

CapEx

5%

$206

Vacancy

6%

$248

Maintenance

5%

$206

Other

0%

$0

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