REI Lense

REI Lense

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$2,470 (target)

2924 Peninsula Way, Carrollton, TX 75007

3 beds • 3 baths • 1804 sqft

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This property looks like a bad Long-Term investment with a projected -10.58% first-year return on $81,354 initial cash invested.

-10.58%

Cash On Cash

4.14%

Cap Rate

0.69

DSCR

$2,470

Rent

-$717

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$387k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,354

Downpayment

20%

$77,480

Closing costs

1%

$3,874

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,470

Total Expenses

$3,187

Mortgage P&I

78%

$1,931

Property Taxes

19%

$476

Home Insurance

6%

$137

HOA

0%

$0

Property Management

10%

$247

CapEx

5%

$124

Vacancy

6%

$148

Maintenance

5%

$124

Other

0%

$0

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