REI Lense

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$4,533 (target)

2125 Flora Ln, Desoto, TX 75115

3 beds • 3 baths • 2504 sqft

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This property looks like a bad Mid-Term investment with a projected -4.68% first-year return on $118k initial cash invested.

-4.68%

Cash On Cash

5.08%

Cap Rate

0.88

DSCR

$4,533

Rent

-$459

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,533 income − $4,992 expenses = $459 out of pocket

Income$4,533Out of Pocket$459Mortgage P&I$2,28750%Property Taxes$97622%Insurance$1664%HOA$22Management$54412%CapEx$1814%Vacancy$1363%Maintenance$1814%Other$49911%

Investment Breakdown

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Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$94,980

Closing costs

1%

$4,749

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,533

Total Expenses

$4,992

Mortgage P&I

50%

$2,287

Property Taxes

22%

$976

Home Insurance

4%

$166

HOA

0%

$22

Property Management

12%

$544

CapEx

4%

$181

Vacancy

3%

$136

Maintenance

4%

$181

Other

11%

$499

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