REI Lense

REI Lense

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$2,135 (target)

305 Fairland Dr, Wylie, TX 75098

3 beds • 2 baths • 1550 sqft

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This property looks like a bad Long-Term investment with a projected -13.36% first-year return on $70,581 initial cash invested.

-13.36%

Cash On Cash

3.41%

Cap Rate

0.58

DSCR

$2,135

Rent

-$786

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

$70,581

Downpayment

20%

$67,220

Closing costs

1%

$3,361

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,135

Total Expenses

$2,921

Mortgage P&I

77%

$1,635

Property Taxes

26%

$547

Home Insurance

7%

$140

HOA

2%

$43

Property Management

10%

$214

CapEx

5%

$107

Vacancy

6%

$128

Maintenance

5%

$107

Other

0%

$0

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