REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,148 (target)

321 Shockley Ave, Desoto, TX 75115

3 beds • 3 baths • 1870 sqft

Email

This property looks like a bad Long-Term investment with a projected -14.28% first-year return on $61,761 initial cash invested.

-14.28%

Cash On Cash

3.76%

Cap Rate

0.59

DSCR

$2,148

Rent

-$735

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,148 income − $2,883 expenses = $735 out of pocket

Income$2,148Out of Pocket$735Mortgage P&I$1,54972%Property Taxes$67131%Insurance$1055%Management$21510%CapEx$1075%Vacancy$1296%Maintenance$1075%

Investment Breakdown

|

Purchase Price

$294k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,761

Downpayment

20%

$58,820

Closing costs

1%

$2,941

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,148

Total Expenses

$2,883

Mortgage P&I

72%

$1,549

Property Taxes

31%

$671

Home Insurance

5%

$105

HOA

0%

$0

Property Management

10%

$215

CapEx

5%

$107

Vacancy

6%

$129

Maintenance

5%

$107

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis