REI Lense

REI Lense

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$4,002 (target)

2206 Old Mill Rd, Carrollton, TX 75007

3 beds • 2 baths • 1893 sqft

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This property looks like a bad Mid-Term investment with a projected -1.43% first-year return on $100k initial cash invested.

-1.43%

Cash On Cash

6.32%

Cap Rate

1.02

DSCR

$4,002

Rent

-$120

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,002 income − $4,122 expenses = $120 out of pocket

Income$4,002Out of Pocket$120Mortgage P&I$2,02951%Property Taxes$59315%Insurance$1403%Management$48012%CapEx$1604%Vacancy$1203%Maintenance$1604%Other$44011%

Investment Breakdown

|

Purchase Price

$393k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$100k

Downpayment

20%

$78,560

Closing costs

1%

$3,928

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,002

Total Expenses

$4,122

Mortgage P&I

51%

$2,029

Property Taxes

15%

$593

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$480

CapEx

4%

$160

Vacancy

3%

$120

Maintenance

4%

$160

Other

11%

$440

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