REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,295 (target)

3408 Hanover Ln, Irving, TX 75062

3 beds • 2 baths • 1213 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.56% first-year return on $67,473 initial cash invested.

-10.56%

Cash On Cash

4.19%

Cap Rate

0.7

DSCR

$2,295

Rent

-$594

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,295 income − $2,889 expenses = $594 out of pocket

Income$2,295Out of Pocket$594Mortgage P&I$1,60270%Property Taxes$57725%Insurance$1125%Management$23010%CapEx$1155%Vacancy$1386%Maintenance$1155%

Investment Breakdown

|

Purchase Price

$321k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,473

Downpayment

20%

$64,260

Closing costs

1%

$3,213

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,295

Total Expenses

$2,889

Mortgage P&I

70%

$1,602

Property Taxes

25%

$577

Home Insurance

5%

$112

HOA

0%

$0

Property Management

10%

$230

CapEx

5%

$115

Vacancy

6%

$138

Maintenance

5%

$115

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis