REI Lense

REI Lense

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$4,000 (target)

3224 N Cardinal Rd, Azle, TX 76020

3 beds • 2 baths • 2071 sqft

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This property looks like a bad Mid-Term investment with a projected -8.88% first-year return on $130k initial cash invested.

-8.88%

Cash On Cash

4.14%

Cap Rate

0.7

DSCR

$4,000

Rent

-$964

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$535k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,345

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,000

Total Expenses

$4,964

Mortgage P&I

66%

$2,647

Property Taxes

20%

$782

Home Insurance

4%

$175

HOA

0%

$0

Property Management

12%

$480

CapEx

4%

$160

Vacancy

3%

$120

Maintenance

4%

$160

Other

11%

$440

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