REI Lense

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$2,674 (target)

2615 Glenwood Ln, Denton, TX 76209

3 beds • 2 baths • 1990 sqft

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This property looks like a bad Mid-Term investment with a projected -6.42% first-year return on $93,600 initial cash invested.

-6.42%

Cash On Cash

4.68%

Cap Rate

0.78

DSCR

$2,674

Rent

-$501

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,674 income − $3,175 expenses = $501 out of pocket

Income$2,674Out of Pocket$501Mortgage P&I$1,79867%Property Taxes$34213%Insurance$1265%Management$32112%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29411%

Investment Breakdown

|

Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,600

Downpayment

20%

$72,000

Closing costs

1%

$3,600

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,674

Total Expenses

$3,175

Mortgage P&I

67%

$1,798

Property Taxes

13%

$342

Home Insurance

5%

$126

HOA

0%

$0

Property Management

12%

$321

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$294

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