REI Lense

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$3,098 (target)

2048 Derby Ln, Aubrey, TX 76227

3 beds • 2 baths • 1522 sqft

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This property might be a fair Mid-Term investment with a projected 2.69% first-year return on $74,490 initial cash invested.

2.69%

Cash On Cash

7.32%

Cap Rate

1.22

DSCR

$3,098

Rent

$167

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,098 income − $2,931 expenses = $167 cash flow

Income$3,098Mortgage P&I$1,35144%Property Taxes$33811%Insurance$943%HOA$943%Management$37212%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34111%Cash Flow$167

Investment Breakdown

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Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,490

Downpayment

20%

$53,800

Closing costs

1%

$2,690

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,098

Total Expenses

$2,931

Mortgage P&I

44%

$1,351

Property Taxes

11%

$338

Home Insurance

3%

$94

HOA

3%

$94

Property Management

12%

$372

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$341

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