REI Lense

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$3,568 (target)

3359 Lanarc Dr, Plano, TX 75023

3 beds • 2 baths • 1682 sqft

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This property might be a fair Mid-Term investment with a projected 1.37% first-year return on $84,234 initial cash invested.

1.37%

Cash On Cash

7.11%

Cap Rate

1.15

DSCR

$3,568

Rent

$96

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,568 income − $3,472 expenses = $96 cash flow

Income$3,568Mortgage P&I$1,62946%Property Taxes$51614%Insurance$1143%Management$42812%CapEx$1434%Vacancy$1073%Maintenance$1434%Other$39211%Cash Flow$96

Investment Breakdown

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Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,234

Downpayment

20%

$63,080

Closing costs

1%

$3,154

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,568

Total Expenses

$3,472

Mortgage P&I

46%

$1,629

Property Taxes

14%

$516

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$428

CapEx

4%

$143

Vacancy

3%

$107

Maintenance

4%

$143

Other

11%

$392

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