REI Lense

REI Lense

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$3,558 (target)

1835 Verona Ln, Rockwall, TX 75032

3 beds • 3 baths • 2799 sqft

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This property looks like a bad Long-Term investment with a projected -7.61% first-year return on $126k initial cash invested.

-7.61%

Cash On Cash

4.8%

Cap Rate

0.79

DSCR

$3,558

Rent

-$798

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,558 income − $4,356 expenses = $798 out of pocket

Income$3,558Out of Pocket$798Mortgage P&I$3,01785%Property Taxes$1213%Insurance$2106%HOA$832%Management$35610%CapEx$1785%Vacancy$2136%Maintenance$1785%

Investment Breakdown

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Purchase Price

$599k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$120k

Closing costs

1%

$5,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,558

Total Expenses

$4,356

Mortgage P&I

85%

$3,017

Property Taxes

3%

$121

Home Insurance

6%

$210

HOA

2%

$83

Property Management

10%

$356

CapEx

5%

$178

Vacancy

6%

$213

Maintenance

5%

$178

Other

0%

$0

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