REI Lense

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$2,678 (target)

214 Lawson Farms Dr, Midlothian, TX 76065

3 beds • 2 baths • 1838 sqft

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This property looks like a bad Long-Term investment with a projected -7.73% first-year return on $72,950 initial cash invested.

-7.73%

Cash On Cash

4.87%

Cap Rate

0.81

DSCR

$2,678

Rent

-$470

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,678 income − $3,148 expenses = $470 out of pocket

Income$2,678Out of Pocket$470Mortgage P&I$1,74565%Property Taxes$54921%Insurance$1225%HOA$351%Management$26810%CapEx$1345%Vacancy$1616%Maintenance$1345%

Investment Breakdown

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Purchase Price

$347k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,950

Downpayment

20%

$69,476

Closing costs

1%

$3,474

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,678

Total Expenses

$3,148

Mortgage P&I

65%

$1,745

Property Taxes

21%

$549

Home Insurance

5%

$122

HOA

1%

$35

Property Management

10%

$268

CapEx

5%

$134

Vacancy

6%

$161

Maintenance

5%

$134

Other

0%

$0

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