REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,742 (target)

224 E Grubb Dr, Mesquite, TX 75149

3 beds • 2 baths • 1238 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.84% first-year return on $69,912 initial cash invested.

3.84%

Cash On Cash

7.85%

Cap Rate

1.26

DSCR

$2,742

Rent

$224

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,742 income − $2,518 expenses = $224 cash flow

Income$2,742Mortgage P&I$1,28447%Property Taxes$2148%Insurance$873%Management$32912%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30211%Cash Flow$224

Investment Breakdown

|

Purchase Price

$247k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,912

Downpayment

20%

$49,440

Closing costs

1%

$2,472

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,742

Total Expenses

$2,518

Mortgage P&I

47%

$1,284

Property Taxes

8%

$214

Home Insurance

3%

$87

HOA

0%

$0

Property Management

12%

$329

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$302

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis