REI Lense

REI Lense

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$1,375 (target)

1901 Kelly St, Fort Worth, TX 76104

3 beds • 2 baths • 1978 sqft

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This property looks like a bad Long-Term investment with a projected -24.51% first-year return on $71,820 initial cash invested.

-24.51%

Cash On Cash

1.11%

Cap Rate

0.18

DSCR

$1,375

Rent

-$1,467

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,375 income − $2,842 expenses = $1,467 out of pocket

Income$1,375Out of Pocket$1,467Mortgage P&I$1,713125%Property Taxes$65147%Insurance$1209%Management$13810%CapEx$695%Vacancy$826%Maintenance$695%

Investment Breakdown

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Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,820

Downpayment

20%

$68,400

Closing costs

1%

$3,420

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,375

Total Expenses

$2,842

Mortgage P&I

125%

$1,713

Property Taxes

47%

$651

Home Insurance

9%

$120

HOA

0%

$0

Property Management

10%

$138

CapEx

5%

$69

Vacancy

6%

$82

Maintenance

5%

$69

Other

0%

$0

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