REI Lense

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$3,402 (target)

3016 Frio Rd, Little Elm, TX 75068

3 beds • 2 baths • 1705 sqft

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This property looks like a bad Mid-Term investment with a projected -19.9% first-year return on $89,043 initial cash invested.

-19.9%

Cash On Cash

1.37%

Cap Rate

0.22

DSCR

$3,402

Rent

-$1,477

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,402 income − $4,879 expenses = $1,477 out of pocket

Income$3,402Out of Pocket$1,477Mortgage P&I$1,72851%Property Taxes$1,81053%Insurance$1214%HOA$642%Management$40812%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37411%

Investment Breakdown

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Purchase Price

$338k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,043

Downpayment

20%

$67,660

Closing costs

1%

$3,383

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,402

Total Expenses

$4,879

Mortgage P&I

51%

$1,728

Property Taxes

53%

$1,810

Home Insurance

4%

$121

HOA

2%

$64

Property Management

12%

$408

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$374

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