REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,160 (target)

188 Griffin Ave, Fate, TX 75189

3 beds • 2 baths • 1720 sqft

Email

This property looks like a bad Long-Term investment with a projected -12.41% first-year return on $70,182 initial cash invested.

-12.41%

Cash On Cash

3.96%

Cap Rate

0.64

DSCR

$2,160

Rent

-$726

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,160 income − $2,886 expenses = $726 out of pocket

Income$2,160Out of Pocket$726Mortgage P&I$1,72180%Property Taxes$39918%Insurance$1196%HOA$854%Management$21610%CapEx$1085%Vacancy$1306%Maintenance$1085%

Investment Breakdown

|

Purchase Price

$334k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,182

Downpayment

20%

$66,840

Closing costs

1%

$3,342

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,160

Total Expenses

$2,886

Mortgage P&I

80%

$1,721

Property Taxes

18%

$399

Home Insurance

6%

$119

HOA

4%

$85

Property Management

10%

$216

CapEx

5%

$108

Vacancy

6%

$130

Maintenance

5%

$108

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis