REI Lense

REI Lense

Unlock all features! Tap here to upgrade

202 Castleridge Dr, Red Oak, TX 75154

3 beds • 2 baths • 1420 sqft

Email

This property could be a profitable Airbnb investment with a projected 13.83% first-year return on $107k initial cash invested.

13.83%

Cash On Cash

10.2%

Cap Rate

1.74

DSCR

$7,650

Rent

$1,236

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,650 income − $6,414 expenses = $1,236 cash flow

Income$7,650Mortgage P&I$2,07227%Property Taxes$5217%Insurance$1492%Management$1,14815%CapEx$3064%Maintenance$3064%Other$1,91225%Cash Flow$1,236

Investment Breakdown

|

Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.2%

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

$7,650

Total Expenses

$6,414

Mortgage P&I

27%

$2,072

Property Taxes

7%

$521

Home Insurance

2%

$149

HOA

0%

$0

Property Management

15%

$1,148

CapEx

4%

$306

Vacancy

0%

$0

Maintenance

4%

$306

Other

25%

$1,912

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis