REI Lense

REI Lense

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$2,244 (target)

2819 Anchor Dr, Mesquite, TX 75150

3 beds • 2 baths • 1494 sqft

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This property looks like a bad Long-Term investment with a projected -4.35% first-year return on $55,944 initial cash invested.

-4.35%

Cash On Cash

5.63%

Cap Rate

0.93

DSCR

$2,244

Rent

-$203

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,244 income − $2,447 expenses = $203 out of pocket

Income$2,244Out of Pocket$203Mortgage P&I$1,34060%Property Taxes$43119%Insurance$934%Management$22410%CapEx$1125%Vacancy$1356%Maintenance$1125%

Investment Breakdown

|

Purchase Price

$266k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,944

Downpayment

20%

$53,280

Closing costs

1%

$2,664

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,244

Total Expenses

$2,447

Mortgage P&I

60%

$1,340

Property Taxes

19%

$431

Home Insurance

4%

$93

HOA

0%

$0

Property Management

10%

$224

CapEx

5%

$112

Vacancy

6%

$135

Maintenance

5%

$112

Other

0%

$0

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