REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,912 (target)

2624 Costa Mesa Dr, Little Elm, TX 75068

3 beds • 3 baths • 2294 sqft

Email

This property looks like a bad Mid-Term investment with a projected -4.84% first-year return on $107k initial cash invested.

-4.84%

Cash On Cash

5.23%

Cap Rate

0.87

DSCR

$3,912

Rent

-$433

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,912 income − $4,345 expenses = $433 out of pocket

Income$3,912Out of Pocket$433Mortgage P&I$2,12954%Property Taxes$68417%Insurance$1494%HOA$551%Management$46912%CapEx$1564%Vacancy$1173%Maintenance$1564%Other$43011%

Investment Breakdown

|

Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,000

Closing costs

1%

$4,250

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,912

Total Expenses

$4,345

Mortgage P&I

54%

$2,129

Property Taxes

17%

$684

Home Insurance

4%

$149

HOA

1%

$55

Property Management

12%

$469

CapEx

4%

$156

Vacancy

3%

$117

Maintenance

4%

$156

Other

11%

$430

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis