REI Lense

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$3,446 (target)

3216 Red Oak Ln, Bedford, TX 76021

3 beds • 2 baths • 1550 sqft

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This property might be a fair Mid-Term investment with a projected 0.56% first-year return on $88,644 initial cash invested.

0.56%

Cash On Cash

6.71%

Cap Rate

1.11

DSCR

$3,446

Rent

$41

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,446 income − $3,405 expenses = $41 cash flow

Income$3,446Mortgage P&I$1,70349%Property Taxes$41112%Insurance$1193%Management$41412%CapEx$1384%Vacancy$1033%Maintenance$1384%Other$37911%Cash Flow$41

Investment Breakdown

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Purchase Price

$336k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,644

Downpayment

20%

$67,280

Closing costs

1%

$3,364

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,446

Total Expenses

$3,405

Mortgage P&I

49%

$1,703

Property Taxes

12%

$411

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$414

CapEx

4%

$138

Vacancy

3%

$103

Maintenance

4%

$138

Other

11%

$379

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