REI Lense

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$3,690 (target)

1912 Longmeadow Dr, Arlington, TX 76015

3 beds • 2 baths • 1596 sqft

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This property looks like a bad Mid-Term investment with a projected -0.77% first-year return on $90,450 initial cash invested.

-0.77%

Cash On Cash

6.63%

Cap Rate

1.05

DSCR

$3,690

Rent

-$58

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,690 income − $3,748 expenses = $58 out of pocket

Income$3,690Out of Pocket$58Mortgage P&I$1,81749%Property Taxes$55415%Insurance$1213%Management$44312%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40611%

Investment Breakdown

|

Purchase Price

$345k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,450

Downpayment

20%

$69,000

Closing costs

1%

$3,450

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,690

Total Expenses

$3,748

Mortgage P&I

49%

$1,817

Property Taxes

15%

$554

Home Insurance

3%

$121

HOA

0%

$0

Property Management

12%

$443

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$406

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