REI Lense

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$4,192 (target)

2428 Ranchview Dr, Little Elm, TX 75068

3 beds • 2 baths • 2317 sqft

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This property looks like a bad Mid-Term investment with a projected -5.65% first-year return on $118k initial cash invested.

-5.65%

Cash On Cash

5%

Cap Rate

0.84

DSCR

$4,192

Rent

-$554

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,192 income − $4,746 expenses = $554 out of pocket

Income$4,192Out of Pocket$554Mortgage P&I$2,36456%Property Taxes$73518%Insurance$1664%HOA$551%Management$50312%CapEx$1684%Vacancy$1263%Maintenance$1684%Other$46111%

Investment Breakdown

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Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,000

Closing costs

1%

$4,750

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,192

Total Expenses

$4,746

Mortgage P&I

56%

$2,364

Property Taxes

18%

$735

Home Insurance

4%

$166

HOA

1%

$55

Property Management

12%

$503

CapEx

4%

$168

Vacancy

3%

$126

Maintenance

4%

$168

Other

11%

$461

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