REI Lense

REI Lense

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$2,552 (target)

2020 Cardinal Ln, Lewisville, TX 75077

3 beds • 3 baths • 2229 sqft

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This property looks like a bad Long-Term investment with a projected -9.78% first-year return on $75,579 initial cash invested.

-9.78%

Cash On Cash

4.41%

Cap Rate

0.73

DSCR

$2,552

Rent

-$616

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,552 income − $3,168 expenses = $616 out of pocket

Income$2,552Out of Pocket$616Mortgage P&I$1,81071%Property Taxes$56822%Insurance$1265%Management$25510%CapEx$1285%Vacancy$1536%Maintenance$1285%

Investment Breakdown

|

Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,579

Downpayment

20%

$71,980

Closing costs

1%

$3,599

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,552

Total Expenses

$3,168

Mortgage P&I

71%

$1,810

Property Taxes

22%

$568

Home Insurance

5%

$126

HOA

0%

$0

Property Management

10%

$255

CapEx

5%

$128

Vacancy

6%

$153

Maintenance

5%

$128

Other

0%

$0

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