REI Lense

REI Lense

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$2,154 (target)

2419 N Prairie Creek Rd, Dallas, TX 75227

3 beds • 2 baths • 1638 sqft

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This property looks like a bad Long-Term investment with a projected -8.44% first-year return on $56,133 initial cash invested.

-8.44%

Cash On Cash

4.87%

Cap Rate

0.79

DSCR

$2,154

Rent

-$395

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,154 income − $2,549 expenses = $395 out of pocket

Income$2,154Out of Pocket$395Mortgage P&I$1,37164%Property Taxes$53425%Insurance$844%Management$21510%CapEx$1085%Vacancy$1296%Maintenance$1085%

Investment Breakdown

|

Purchase Price

$267k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,133

Downpayment

20%

$53,460

Closing costs

1%

$2,673

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,154

Total Expenses

$2,549

Mortgage P&I

64%

$1,371

Property Taxes

25%

$534

Home Insurance

4%

$84

HOA

0%

$0

Property Management

10%

$215

CapEx

5%

$108

Vacancy

6%

$129

Maintenance

5%

$108

Other

0%

$0

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