REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2231 Norma Dr, Mesquite, TX 75149

3 beds • 2 baths • 1207 sqft

Email

This property looks like a bad Airbnb investment with a projected -4.73% first-year return on $71,550 initial cash invested.

-4.73%

Cash On Cash

5.25%

Cap Rate

0.87

DSCR

$2,854

Rent

-$282

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,854 income − $3,136 expenses = $282 out of pocket

Income$2,854Out of Pocket$282Mortgage P&I$1,28345%Property Taxes$39414%Insurance$893%Management$42815%CapEx$1144%Maintenance$1144%Other$71425%

Investment Breakdown

|

Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,550

Downpayment

20%

$51,000

Closing costs

1%

$2,550

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,854

Total Expenses

$3,136

Mortgage P&I

45%

$1,283

Property Taxes

14%

$394

Home Insurance

3%

$89

HOA

0%

$0

Property Management

15%

$428

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$714

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis