REI Lense

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$3,918 (target)

3117 Parkside Dr, Plano, TX 75075

3 beds • 2 baths • 2238 sqft

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This property looks like a bad Mid-Term investment with a projected -4.17% first-year return on $113k initial cash invested.

-4.17%

Cash On Cash

5.34%

Cap Rate

0.9

DSCR

$3,918

Rent

-$391

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,918 income − $4,309 expenses = $391 out of pocket

Income$3,918Out of Pocket$391Mortgage P&I$2,23657%Property Taxes$58215%Insurance$1584%Management$47012%CapEx$1574%Vacancy$1183%Maintenance$1574%Other$43111%

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,918

Total Expenses

$4,309

Mortgage P&I

57%

$2,236

Property Taxes

15%

$582

Home Insurance

4%

$158

HOA

0%

$0

Property Management

12%

$470

CapEx

4%

$157

Vacancy

3%

$118

Maintenance

4%

$157

Other

11%

$431

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