REI Lense

REI Lense

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$2,797 (target)

2308 Farrington Ln, Hurst, TX 76054

3 beds • 2 baths • 2069 sqft

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This property looks like a bad Long-Term investment with a projected -10.43% first-year return on $81,207 initial cash invested.

-10.43%

Cash On Cash

4.21%

Cap Rate

0.71

DSCR

$2,797

Rent

-$706

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,797 income − $3,503 expenses = $706 out of pocket

Income$2,797Out of Pocket$706Mortgage P&I$1,92369%Property Taxes$69825%Insurance$1546%Management$28010%CapEx$1405%Vacancy$1686%Maintenance$1405%

Investment Breakdown

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Purchase Price

$387k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,207

Downpayment

20%

$77,340

Closing costs

1%

$3,867

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,797

Total Expenses

$3,503

Mortgage P&I

69%

$1,923

Property Taxes

25%

$698

Home Insurance

6%

$154

HOA

0%

$0

Property Management

10%

$280

CapEx

5%

$140

Vacancy

6%

$168

Maintenance

5%

$140

Other

0%

$0

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