REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

3018 S Marsalis Ave, Dallas, TX 75216

3 beds • 1 baths • 1002 sqft

Email

This property could be a profitable Long-Term investment with a projected 11.47% first-year return on $29,400 initial cash invested.

11.47%

Cash On Cash

9.29%

Cap Rate

1.52

DSCR

$1,830

Rent

$281

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$140k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$29,400

Downpayment

20%

$28,000

Closing costs

1%

$1,400

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,830

Total Expenses

$1,549

Mortgage P&I

39%

$711

Property Taxes

17%

$312

Home Insurance

3%

$49

PManagement

10%

$183

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

Google Maps with comparables properties is loading...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

620 Lacewood Dr, Dallas, TX 75224

$1,750

3

1

987

1.2 mi

2538 Stovall Dr, Dallas, TX 75216

$1,600

3

1

986

1.5 mi

1630 Hortense Ave, Dallas, TX 75216

$1,850

3

1

1056

1.5 mi

2215 Kathleen Ave, Dallas, TX 75216

$1,595

3

1

1081

1.3 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis