REI Lense

REI Lense

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Target property

2489 Fm 2909, Canton, TX 75103

3 beds • 3 baths • 2830 sqft

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This property looks like a bad Airbnb investment with a projected -35.79% first-year return on $148k initial cash invested.

-35.79%

Cash On Cash

-2.69%

Cap Rate

-0.46

DSCR

$0

Rent

-$4,425

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$0 income − $4,425 expenses = $4,425 out of pocket

Income$0Out of Pocket$4,425Mortgage P&I$3,036Property Taxes$1,048Insurance$341

Investment Breakdown

|

Purchase Price

$621k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$148k

Downpayment

20%

$124k

Closing costs

1%

$6,207

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$0

Total Expenses

$4,425

Mortgage P&I

30360000%

$3,036

Property Taxes

10480000%

$1,048

Home Insurance

3410000%

$341

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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