REI Lense

REI Lense

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$1,741 (target)

3204 Caribbean Dr, Mesquite, TX 75150

3 beds • 2 baths • 1108 sqft

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This property looks like a bad Long-Term investment with a projected -4.64% first-year return on $36,750 initial cash invested.

-4.64%

Cash On Cash

6.1%

Cap Rate

0.94

DSCR

$1,741

Rent

-$142

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,741 income − $1,883 expenses = $142 out of pocket

Income$1,741Out of Pocket$142Mortgage P&I$94454%Property Taxes$42624%Insurance$614%Management$17410%CapEx$875%Vacancy$1046%Maintenance$875%

Investment Breakdown

|

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,750

Downpayment

20%

$35,000

Closing costs

1%

$1,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,741

Total Expenses

$1,883

Mortgage P&I

54%

$944

Property Taxes

24%

$426

Home Insurance

4%

$61

HOA

0%

$0

Property Management

10%

$174

CapEx

5%

$87

Vacancy

6%

$104

Maintenance

5%

$87

Other

0%

$0

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