REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2833 Clearmeadow Dr, Mesquite, TX 75181

3 beds • 2 baths • 1624 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.84% first-year return on $79,068 initial cash invested.

-11.84%

Cash On Cash

3.35%

Cap Rate

0.55

DSCR

$2,689

Rent

-$780

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,689 income − $3,469 expenses = $780 out of pocket

Income$2,689Out of Pocket$780Mortgage P&I$1,48555%Property Taxes$59022%Insurance$1034%Management$40315%CapEx$1084%Maintenance$1084%Other$67225%

Investment Breakdown

|

Purchase Price

$291k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,068

Downpayment

20%

$58,160

Closing costs

1%

$2,908

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,689

Total Expenses

$3,469

Mortgage P&I

55%

$1,485

Property Taxes

22%

$590

Home Insurance

4%

$103

HOA

0%

$0

Property Management

15%

$403

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$672

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis