REI Lense

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$3,344 (target)

20990 Gatlinburg Rd, Bullard, TX 75757

3 beds • 3 baths • 3091 sqft

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This property looks like a bad Long-Term investment with a projected -16% first-year return on $136k initial cash invested.

-16%

Cash On Cash

2.86%

Cap Rate

0.48

DSCR

$3,344

Rent

-$1,820

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,344 income − $5,164 expenses = $1,820 out of pocket

Income$3,344Out of Pocket$1,820Mortgage P&I$3,20496%Property Taxes$86326%Insurance$2287%Management$33410%CapEx$1675%Vacancy$2016%Maintenance$1675%

Investment Breakdown

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Purchase Price

$650k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$130k

Closing costs

1%

$6,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,344

Total Expenses

$5,164

Mortgage P&I

96%

$3,204

Property Taxes

26%

$863

Home Insurance

7%

$228

HOA

0%

$0

Property Management

10%

$334

CapEx

5%

$167

Vacancy

6%

$201

Maintenance

5%

$167

Other

0%

$0

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