REI Lense

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$3,228 (target)

3125 Sanger Creek Way, Waxahachie, TX 75165

3 beds • 2 baths • 1465 sqft

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This property might be a fair Mid-Term investment with a projected 3.82% first-year return on $79,467 initial cash invested.

3.82%

Cash On Cash

7.54%

Cap Rate

1.26

DSCR

$3,228

Rent

$253

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,228 income − $2,975 expenses = $253 cash flow

Income$3,228Mortgage P&I$1,45845%Property Taxes$31310%Insurance$1073%Management$38712%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35511%Cash Flow$253

Investment Breakdown

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Purchase Price

$293k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,467

Downpayment

20%

$58,540

Closing costs

1%

$2,927

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,228

Total Expenses

$2,975

Mortgage P&I

45%

$1,458

Property Taxes

10%

$313

Home Insurance

3%

$107

HOA

0%

$0

Property Management

12%

$387

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$355

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