REI Lense

REI Lense

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$3,202 (target)

305 Fairland Dr, Wylie, TX 75098

3 beds • 2 baths • 1550 sqft

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This property looks like a bad Mid-Term investment with a projected -3.4% first-year return on $88,581 initial cash invested.

-3.4%

Cash On Cash

5.4%

Cap Rate

0.92

DSCR

$3,202

Rent

-$251

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$336k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,581

Downpayment

20%

$67,220

Closing costs

1%

$3,361

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,202

Total Expenses

$3,453

Mortgage P&I

51%

$1,635

Property Taxes

17%

$547

Home Insurance

4%

$140

HOA

1%

$43

Property Management

12%

$384

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$352

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