REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$6,188 (target)

1821 Quail Run Dr, Corinth, TX 76208

3 beds • 3 baths • 2520 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.02% first-year return on $153k initial cash invested.

-3.02%

Cash On Cash

6.01%

Cap Rate

0.96

DSCR

$6,188

Rent

-$385

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,188 income − $6,573 expenses = $385 out of pocket

Income$6,188Out of Pocket$385Mortgage P&I$3,35254%Property Taxes$88114%Insurance$2344%Management$74312%CapEx$2484%Vacancy$1863%Maintenance$2484%Other$68111%

Investment Breakdown

|

Purchase Price

$642k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$153k

Downpayment

20%

$128k

Closing costs

1%

$6,420

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,188

Total Expenses

$6,573

Mortgage P&I

54%

$3,352

Property Taxes

14%

$881

Home Insurance

4%

$234

HOA

0%

$0

Property Management

12%

$743

CapEx

4%

$248

Vacancy

3%

$186

Maintenance

4%

$248

Other

11%

$681

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis