REI Lense

REI Lense

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$2,667 (target)

229 Overland Trl, Mesquite, TX 75149

3 beds • 2 baths • 1139 sqft

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This property might be a fair Mid-Term investment with a projected 3.66% first-year return on $61,680 initial cash invested.

3.66%

Cash On Cash

7.72%

Cap Rate

1.28

DSCR

$2,667

Rent

$188

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$208k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,680

Downpayment

20%

$41,600

Closing costs

1%

$2,080

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,667

Total Expenses

$2,479

Mortgage P&I

39%

$1,043

Property Taxes

17%

$455

Home Insurance

3%

$74

HOA

0%

$0

Property Management

12%

$320

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$293

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