REI Lense

REI Lense

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$4,107 (target)

2415 Skyline Dr, Irving, TX 75038

3 beds • 3 baths • 3808 sqft

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This property looks like a bad Long-Term investment with a projected -1.66% first-year return on $82,950 initial cash invested.

-1.66%

Cash On Cash

6.46%

Cap Rate

1.04

DSCR

$4,107

Rent

-$115

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,107 income − $4,222 expenses = $115 out of pocket

Income$4,107Out of Pocket$115Mortgage P&I$2,03750%Property Taxes$98024%Insurance$1383%Management$41110%CapEx$2055%Vacancy$2466%Maintenance$2055%

Investment Breakdown

|

Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,950

Downpayment

20%

$79,000

Closing costs

1%

$3,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,107

Total Expenses

$4,222

Mortgage P&I

50%

$2,037

Property Taxes

24%

$980

Home Insurance

3%

$138

HOA

0%

$0

Property Management

10%

$411

CapEx

5%

$205

Vacancy

6%

$246

Maintenance

5%

$205

Other

0%

$0

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