REI Lense

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$3,492 (target)

2313 Lakeshore Ln, Rowlett, TX 75088

3 beds • 2 baths • 1545 sqft

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This property looks like a bad Mid-Term investment with a projected -1.91% first-year return on $86,502 initial cash invested.

-1.91%

Cash On Cash

6.18%

Cap Rate

1

DSCR

$3,492

Rent

-$138

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,492 income − $3,630 expenses = $138 out of pocket

Income$3,492Out of Pocket$138Mortgage P&I$1,67948%Property Taxes$64719%Insurance$1163%Management$41912%CapEx$1404%Vacancy$1053%Maintenance$1404%Other$38411%

Investment Breakdown

|

Purchase Price

$326k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,502

Downpayment

20%

$65,240

Closing costs

1%

$3,262

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,492

Total Expenses

$3,630

Mortgage P&I

48%

$1,679

Property Taxes

19%

$647

Home Insurance

3%

$116

HOA

0%

$0

Property Management

12%

$419

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$384

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