REI Lense

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$4,414 (target)

2403 Chenille Way, Mansfield, TX 76063

3 beds • 3 baths • 2993 sqft

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This property might be a fair Mid-Term investment with a projected 0.45% first-year return on $96,729 initial cash invested.

0.45%

Cash On Cash

6.6%

Cap Rate

1.12

DSCR

$4,414

Rent

$36

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,414 income − $4,378 expenses = $36 cash flow

Income$4,414Mortgage P&I$1,85042%Property Taxes$89520%Insurance$1313%Management$53012%CapEx$1774%Vacancy$1323%Maintenance$1774%Other$48611%Cash Flow$36

Investment Breakdown

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Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,729

Downpayment

20%

$74,980

Closing costs

1%

$3,749

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,414

Total Expenses

$4,378

Mortgage P&I

42%

$1,850

Property Taxes

20%

$895

Home Insurance

3%

$131

HOA

0%

$0

Property Management

12%

$530

CapEx

4%

$177

Vacancy

3%

$132

Maintenance

4%

$177

Other

11%

$486

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