REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,824 (target)

2607 Eastridge Dr, Mesquite, TX 75150

3 beds • 2 baths • 1424 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3% first-year return on $79,950 initial cash invested.

-3%

Cash On Cash

5.69%

Cap Rate

0.94

DSCR

$2,824

Rent

-$200

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,824 income − $3,024 expenses = $200 out of pocket

Income$2,824Out of Pocket$200Mortgage P&I$1,48653%Property Taxes$47417%Insurance$1034%Management$33912%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31111%

Investment Breakdown

|

Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,950

Downpayment

20%

$59,000

Closing costs

1%

$2,950

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,824

Total Expenses

$3,024

Mortgage P&I

53%

$1,486

Property Taxes

17%

$474

Home Insurance

4%

$103

HOA

0%

$0

Property Management

12%

$339

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$311

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis