REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,103 (target)

230 Double Creek Dr, Midlothian, TX 76065

3 beds • 3 baths • 2163 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.67% first-year return on $90,300 initial cash invested.

-9.67%

Cash On Cash

4.48%

Cap Rate

0.74

DSCR

$3,103

Rent

-$728

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,103 income − $3,831 expenses = $728 out of pocket

Income$3,103Out of Pocket$728Mortgage P&I$2,17770%Property Taxes$66321%Insurance$1505%HOA$351%Management$31010%CapEx$1555%Vacancy$1866%Maintenance$1555%

Investment Breakdown

|

Purchase Price

$430k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,300

Downpayment

20%

$86,000

Closing costs

1%

$4,300

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,103

Total Expenses

$3,831

Mortgage P&I

70%

$2,177

Property Taxes

21%

$663

Home Insurance

5%

$150

HOA

1%

$35

Property Management

10%

$310

CapEx

5%

$155

Vacancy

6%

$186

Maintenance

5%

$155

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis