REI Lense

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$1,800 (target)

3119 Manchester Dr, Edinburg, TX 78539

3 beds • 4 baths • 3189 sqft

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This property looks like a bad Long-Term investment with a projected -26.21% first-year return on $136k initial cash invested.

-26.21%

Cash On Cash

0.64%

Cap Rate

0.11

DSCR

$1,800

Rent

-$2,977

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,800 income − $4,777 expenses = $2,977 out of pocket

Income$1,800Out of Pocket$2,977Mortgage P&I$3,232180%Property Taxes$77943%Insurance$22713%HOA$714%Management$18010%CapEx$905%Vacancy$1086%Maintenance$905%

Investment Breakdown

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Purchase Price

$649k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$130k

Closing costs

1%

$6,490

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,800

Total Expenses

$4,777

Mortgage P&I

180%

$3,232

Property Taxes

43%

$779

Home Insurance

13%

$227

HOA

4%

$71

Property Management

10%

$180

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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