REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,421 (target)

2432 Spoonbill Ct, Mesquite, TX 75181

3 beds • 2 baths • 1503 sqft

Email

This property looks like a bad Long-Term investment with a projected -5% first-year return on $50,379 initial cash invested.

-5%

Cash On Cash

5.74%

Cap Rate

0.93

DSCR

$2,421

Rent

-$210

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,421 income − $2,631 expenses = $210 out of pocket

Income$2,421Out of Pocket$210Mortgage P&I$1,23651%Property Taxes$53222%Insurance$843%HOA$1506%Management$24210%CapEx$1215%Vacancy$1456%Maintenance$1215%

Investment Breakdown

|

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,379

Downpayment

20%

$47,980

Closing costs

1%

$2,399

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,421

Total Expenses

$2,631

Mortgage P&I

51%

$1,236

Property Taxes

22%

$532

Home Insurance

3%

$84

HOA

6%

$150

Property Management

10%

$242

CapEx

5%

$121

Vacancy

6%

$145

Maintenance

5%

$121

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis