REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,808 (target)

3108 Herrera Dr, Forney, TX 75126

3 beds • 3 baths • 2057 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.28% first-year return on $85,200 initial cash invested.

2.28%

Cash On Cash

7.22%

Cap Rate

1.2

DSCR

$3,808

Rent

$162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,200

Downpayment

20%

$64,000

Closing costs

1%

$3,200

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,808

Total Expenses

$3,646

Mortgage P&I

42%

$1,610

Property Taxes

16%

$599

Home Insurance

3%

$112

HOA

1%

$31

Property Management

12%

$457

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$419

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis