REI Lense

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$2,130 (target)

2809 Meadow Bluff Dr, Wylie, TX 75098

3 beds • 2 baths • 1934 sqft

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This property looks like a bad Long-Term investment with a projected -13.28% first-year return on $70,392 initial cash invested.

-13.28%

Cash On Cash

3.58%

Cap Rate

0.6

DSCR

$2,130

Rent

-$779

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,130 income − $2,909 expenses = $779 out of pocket

Income$2,130Out of Pocket$779Mortgage P&I$1,67379%Property Taxes$53725%Insurance$1216%HOA$251%Management$21310%CapEx$1065%Vacancy$1286%Maintenance$1065%

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,392

Downpayment

20%

$67,040

Closing costs

1%

$3,352

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,130

Total Expenses

$2,909

Mortgage P&I

79%

$1,673

Property Taxes

25%

$537

Home Insurance

6%

$121

HOA

1%

$25

Property Management

10%

$213

CapEx

5%

$106

Vacancy

6%

$128

Maintenance

5%

$106

Other

0%

$0

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