REI Lense

REI Lense

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$1,300 (target)

3114 Carpenter Ave, Dallas, TX 75215

2 beds • 1 baths • 1176 sqft

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This property looks like a bad Long-Term investment with a projected -4.07% first-year return on $29,505 initial cash invested.

-4.07%

Cash On Cash

6.09%

Cap Rate

0.95

DSCR

$1,300

Rent

-$100

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,300 income − $1,400 expenses = $100 out of pocket

Income$1,300Out of Pocket$100Mortgage P&I$74858%Property Taxes$26520%Insurance$494%Management$13010%CapEx$655%Vacancy$786%Maintenance$655%

Investment Breakdown

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Purchase Price

$141k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$29,505

Downpayment

20%

$28,100

Closing costs

1%

$1,405

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,300

Total Expenses

$1,400

Mortgage P&I

58%

$748

Property Taxes

20%

$265

Home Insurance

4%

$49

HOA

0%

$0

Property Management

10%

$130

CapEx

5%

$65

Vacancy

6%

$78

Maintenance

5%

$65

Other

0%

$0

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