REI Lense

REI Lense

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$2,786 (target)

200 Sherwood Ct, Irving, TX 75061

3 beds • 3 baths • 2520 sqft

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This property looks like a bad Long-Term investment with a projected -8.84% first-year return on $95,718 initial cash invested.

-8.84%

Cash On Cash

4.56%

Cap Rate

0.75

DSCR

$2,786

Rent

-$705

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,786 income − $3,491 expenses = $705 out of pocket

Income$2,786Out of Pocket$705Mortgage P&I$2,29983%Property Taxes$31311%Insurance$1556%Management$27910%CapEx$1395%Vacancy$1676%Maintenance$1395%

Investment Breakdown

|

Purchase Price

$456k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,718

Downpayment

20%

$91,160

Closing costs

1%

$4,558

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,786

Total Expenses

$3,491

Mortgage P&I

83%

$2,299

Property Taxes

11%

$313

Home Insurance

6%

$155

HOA

0%

$0

Property Management

10%

$279

CapEx

5%

$139

Vacancy

6%

$167

Maintenance

5%

$139

Other

0%

$0

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