REI Lense

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$3,366 (target)

2819 Anchor Dr, Mesquite, TX 75150

3 beds • 2 baths • 1494 sqft

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This property might be a fair Mid-Term investment with a projected 5.79% first-year return on $73,944 initial cash invested.

5.79%

Cash On Cash

8.25%

Cap Rate

1.37

DSCR

$3,366

Rent

$357

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,366 income − $3,009 expenses = $357 cash flow

Income$3,366Mortgage P&I$1,34040%Property Taxes$43113%Insurance$933%Management$40412%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37011%Cash Flow$357

Investment Breakdown

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Purchase Price

$266k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,944

Downpayment

20%

$53,280

Closing costs

1%

$2,664

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,366

Total Expenses

$3,009

Mortgage P&I

40%

$1,340

Property Taxes

13%

$431

Home Insurance

3%

$93

HOA

0%

$0

Property Management

12%

$404

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$370

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