REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2006 Clearfield Cir, Richardson, TX 75081

3 beds • 2 baths • 1545 sqft

Email

This property looks like a bad Airbnb investment with a projected -9.46% first-year return on $102k initial cash invested.

-9.46%

Cash On Cash

4.23%

Cap Rate

0.68

DSCR

$3,868

Rent

-$805

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,868 income − $4,673 expenses = $805 out of pocket

Income$3,868Out of Pocket$805Mortgage P&I$2,06053%Property Taxes$61216%Insurance$1444%Management$58015%CapEx$1554%Maintenance$1554%Other$96725%

Investment Breakdown

|

Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,060

Closing costs

1%

$4,003

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,868

Total Expenses

$4,673

Mortgage P&I

53%

$2,060

Property Taxes

16%

$612

Home Insurance

4%

$144

HOA

0%

$0

Property Management

15%

$580

CapEx

4%

$155

Vacancy

0%

$0

Maintenance

4%

$155

Other

25%

$967

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis