REI Lense

REI Lense

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$3,541 (target)

2004 Cherbourg Dr, Plano, TX 75075

3 beds • 2 baths • 2235 sqft

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This property looks like a bad Long-Term investment with a projected -5.93% first-year return on $91,077 initial cash invested.

-5.93%

Cash On Cash

5.63%

Cap Rate

0.88

DSCR

$3,541

Rent

-$450

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,541 income − $3,991 expenses = $450 out of pocket

Income$3,541Out of Pocket$450Mortgage P&I$2,30965%Property Taxes$60817%Insurance$1544%Management$35410%CapEx$1775%Vacancy$2126%Maintenance$1775%

Investment Breakdown

|

Purchase Price

$434k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,077

Downpayment

20%

$86,740

Closing costs

1%

$4,337

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,541

Total Expenses

$3,991

Mortgage P&I

65%

$2,309

Property Taxes

17%

$608

Home Insurance

4%

$154

HOA

0%

$0

Property Management

10%

$354

CapEx

5%

$177

Vacancy

6%

$212

Maintenance

5%

$177

Other

0%

$0

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