REI Lense

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$3,615 (target)

244 S Natural Spring Ln, Azle, TX 76020

3 beds • 2 baths • 2008 sqft

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This property looks like a bad Mid-Term investment with a projected -8.54% first-year return on $122k initial cash invested.

-8.54%

Cash On Cash

4.25%

Cap Rate

0.71

DSCR

$3,615

Rent

-$868

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,615 income − $4,483 expenses = $868 out of pocket

Income$3,615Out of Pocket$868Mortgage P&I$2,47869%Property Taxes$60217%Insurance$1735%Management$43412%CapEx$1454%Vacancy$1083%Maintenance$1454%Other$39811%

Investment Breakdown

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Purchase Price

$495k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$99,000

Closing costs

1%

$4,950

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,615

Total Expenses

$4,483

Mortgage P&I

69%

$2,478

Property Taxes

17%

$602

Home Insurance

5%

$173

HOA

0%

$0

Property Management

12%

$434

CapEx

4%

$145

Vacancy

3%

$108

Maintenance

4%

$145

Other

11%

$398

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