REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,591 (target)

241 Shockley Ave, Desoto, TX 75115

3 beds • 3 baths • 2021 sqft

Email

This property looks like a bad Mid-Term investment with a projected -0.2% first-year return on $84,150 initial cash invested.

-0.2%

Cash On Cash

6.67%

Cap Rate

1.08

DSCR

$3,591

Rent

-$14

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,591 income − $3,605 expenses = $14 out of pocket

Income$3,591Out of Pocket$14Mortgage P&I$1,62245%Property Taxes$65118%Insurance$1103%Management$43112%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39511%

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,591

Total Expenses

$3,605

Mortgage P&I

45%

$1,622

Property Taxes

18%

$651

Home Insurance

3%

$110

HOA

0%

$0

Property Management

12%

$431

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$395

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis