REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,416 (target)

3028 State Highway 276 W, Quinlan, TX 75474

3 beds • 3 baths • 2507 sqft

Email

This property looks like a bad Mid-Term investment with a projected -7.08% first-year return on $138k initial cash invested.

-7.08%

Cash On Cash

5.2%

Cap Rate

0.8

DSCR

$4,416

Rent

-$813

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,416 income − $5,229 expenses = $813 out of pocket

Income$4,416Out of Pocket$813Mortgage P&I$3,11070%Property Taxes$4079%Insurance$2105%Management$53012%CapEx$1774%Vacancy$1323%Maintenance$1774%Other$48611%

Investment Breakdown

|

Purchase Price

$570k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$138k

Downpayment

20%

$114k

Closing costs

1%

$5,704

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,416

Total Expenses

$5,229

Mortgage P&I

70%

$3,110

Property Taxes

9%

$407

Home Insurance

5%

$210

HOA

0%

$0

Property Management

12%

$530

CapEx

4%

$177

Vacancy

3%

$132

Maintenance

4%

$177

Other

11%

$486

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis