REI Lense

REI Lense

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$2,182 (target)

2610 Oak Cliff Ln, Arlington, TX 76012

3 beds • 2 baths • 1945 sqft

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This property looks like a bad Long-Term investment with a projected -13.71% first-year return on $73,059 initial cash invested.

-13.71%

Cash On Cash

3.54%

Cap Rate

0.59

DSCR

$2,182

Rent

-$835

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,182 income − $3,017 expenses = $835 out of pocket

Income$2,182Out of Pocket$835Mortgage P&I$1,75180%Property Taxes$57526%Insurance$1246%Management$21810%CapEx$1095%Vacancy$1316%Maintenance$1095%

Investment Breakdown

|

Purchase Price

$348k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,059

Downpayment

20%

$69,580

Closing costs

1%

$3,479

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,182

Total Expenses

$3,017

Mortgage P&I

80%

$1,751

Property Taxes

26%

$575

Home Insurance

6%

$124

HOA

0%

$0

Property Management

10%

$218

CapEx

5%

$109

Vacancy

6%

$131

Maintenance

5%

$109

Other

0%

$0

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