REI Lense

REI Lense

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$3,442 (target)

3408 Hanover Ln, Irving, TX 75062

3 beds • 2 baths • 1213 sqft

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This property looks like a bad Mid-Term investment with a projected -0.28% first-year return on $85,473 initial cash invested.

-0.28%

Cash On Cash

6.42%

Cap Rate

1.07

DSCR

$3,442

Rent

-$20

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$321k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,473

Downpayment

20%

$64,260

Closing costs

1%

$3,213

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,442

Total Expenses

$3,462

Mortgage P&I

47%

$1,602

Property Taxes

17%

$577

Home Insurance

3%

$112

HOA

0%

$0

Property Management

12%

$413

CapEx

4%

$138

Vacancy

3%

$103

Maintenance

4%

$138

Other

11%

$379

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