REI Lense

REI Lense

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$2,250 (target)

3203 Blue Jay Dr, Corinth, TX 76210

3 beds • 2 baths • 1701 sqft

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This property looks like a bad Long-Term investment with a projected -13.21% first-year return on $72,870 initial cash invested.

-13.21%

Cash On Cash

3.8%

Cap Rate

0.61

DSCR

$2,250

Rent

-$802

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,250 income − $3,052 expenses = $802 out of pocket

Income$2,250Out of Pocket$802Mortgage P&I$1,78980%Property Taxes$55825%Insurance$1215%Management$22510%CapEx$1125%Vacancy$1356%Maintenance$1125%

Investment Breakdown

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Purchase Price

$347k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,870

Downpayment

20%

$69,400

Closing costs

1%

$3,470

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,250

Total Expenses

$3,052

Mortgage P&I

80%

$1,789

Property Taxes

25%

$558

Home Insurance

5%

$121

HOA

0%

$0

Property Management

10%

$225

CapEx

5%

$112

Vacancy

6%

$135

Maintenance

5%

$112

Other

0%

$0

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