REI Lense

REI Lense

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$2,781 (target)

1978 Sunnybrook Dr, Heartland, TX 75126

3 beds • 3 baths • 2172 sqft

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This property looks like a bad Long-Term investment with a projected -8.19% first-year return on $68,250 initial cash invested.

-8.19%

Cash On Cash

4.76%

Cap Rate

0.8

DSCR

$2,781

Rent

-$466

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,781 income − $3,247 expenses = $466 out of pocket

Income$2,781Out of Pocket$466Mortgage P&I$1,61558%Property Taxes$74527%Insurance$1144%HOA$502%Management$27810%CapEx$1395%Vacancy$1676%Maintenance$1395%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,781

Total Expenses

$3,247

Mortgage P&I

58%

$1,615

Property Taxes

27%

$745

Home Insurance

4%

$114

HOA

2%

$50

Property Management

10%

$278

CapEx

5%

$139

Vacancy

6%

$167

Maintenance

5%

$139

Other

0%

$0

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