REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,075 (target)

300 Merrell Dr, Sulphur Springs, TX 75482

3 beds • 2 baths • 2248 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.88% first-year return on $77,850 initial cash invested.

1.88%

Cash On Cash

7.16%

Cap Rate

1.17

DSCR

$3,075

Rent

$122

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,075 income − $2,953 expenses = $122 cash flow

Income$3,075Mortgage P&I$1,45647%Property Taxes$35211%Insurance$1003%Management$36912%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33811%Cash Flow$122

Investment Breakdown

|

Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,850

Downpayment

20%

$57,000

Closing costs

1%

$2,850

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,075

Total Expenses

$2,953

Mortgage P&I

47%

$1,456

Property Taxes

11%

$352

Home Insurance

3%

$100

HOA

0%

$0

Property Management

12%

$369

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$338

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis