REI Lense

REI Lense

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$3,100 (target)

201 Midnight Dr, Royse City, TX 75189

3 beds • 2 baths • 1848 sqft

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This property looks like a bad Mid-Term investment with a projected -3.69% first-year return on $88,371 initial cash invested.

-3.69%

Cash On Cash

5.3%

Cap Rate

0.91

DSCR

$3,100

Rent

-$272

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,371

Downpayment

20%

$67,020

Closing costs

1%

$3,351

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,100

Total Expenses

$3,372

Mortgage P&I

53%

$1,628

Property Taxes

17%

$534

Home Insurance

4%

$119

HOA

1%

$37

Property Management

12%

$372

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$341

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