REI Lense

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$4,461 (target)

2914 Beau Dr, Mesquite, TX 75181

3 beds • 2 baths • 2041 sqft

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This property might be a fair Mid-Term investment with a projected 2.47% first-year return on $96,099 initial cash invested.

2.47%

Cash On Cash

7.11%

Cap Rate

1.21

DSCR

$4,461

Rent

$198

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,461 income − $4,263 expenses = $198 cash flow

Income$4,461Mortgage P&I$1,82741%Property Taxes$77617%Insurance$1443%Management$53512%CapEx$1784%Vacancy$1343%Maintenance$1784%Other$49111%Cash Flow$198

Investment Breakdown

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Purchase Price

$372k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,099

Downpayment

20%

$74,380

Closing costs

1%

$3,719

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,461

Total Expenses

$4,263

Mortgage P&I

41%

$1,827

Property Taxes

17%

$776

Home Insurance

3%

$144

HOA

0%

$0

Property Management

12%

$535

CapEx

4%

$178

Vacancy

3%

$134

Maintenance

4%

$178

Other

11%

$491

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