REI Lense

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$3,801 (target)

2004 Willy Dilly Rd, Springtown, TX 76082

3 beds • 2 baths • 1856 sqft

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This property looks like a bad Mid-Term investment with a projected -3.6% first-year return on $107k initial cash invested.

-3.6%

Cash On Cash

5.51%

Cap Rate

0.92

DSCR

$3,801

Rent

-$322

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,801 income − $4,123 expenses = $322 out of pocket

Income$3,801Out of Pocket$322Mortgage P&I$2,12356%Property Taxes$51714%Insurance$1494%HOA$421%Management$45612%CapEx$1524%Vacancy$1143%Maintenance$1524%Other$41811%

Investment Breakdown

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Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,000

Closing costs

1%

$4,250

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,801

Total Expenses

$4,123

Mortgage P&I

56%

$2,123

Property Taxes

14%

$517

Home Insurance

4%

$149

HOA

1%

$42

Property Management

12%

$456

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$418

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