REI Lense

REI Lense

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$2,879 (target)

2846 Columbine Dr, Grapevine, TX 76051

3 beds • 2 baths • 1796 sqft

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This property looks like a bad Long-Term investment with a projected -10.72% first-year return on $92,232 initial cash invested.

-10.72%

Cash On Cash

4.27%

Cap Rate

0.7

DSCR

$2,879

Rent

-$824

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,879 income − $3,703 expenses = $824 out of pocket

Income$2,879Out of Pocket$824Mortgage P&I$2,24478%Property Taxes$55119%Insurance$1596%Management$28810%CapEx$1445%Vacancy$1736%Maintenance$1445%

Investment Breakdown

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Purchase Price

$439k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,232

Downpayment

20%

$87,840

Closing costs

1%

$4,392

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,879

Total Expenses

$3,703

Mortgage P&I

78%

$2,244

Property Taxes

19%

$551

Home Insurance

6%

$159

HOA

0%

$0

Property Management

10%

$288

CapEx

5%

$144

Vacancy

6%

$173

Maintenance

5%

$144

Other

0%

$0

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