REI Lense

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$2,686 (target)

3600 Spruce St, Royse City, TX 75189

3 beds • 2 baths • 1670 sqft

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This property looks like a bad Mid-Term investment with a projected -2.49% first-year return on $70,269 initial cash invested.

-2.49%

Cash On Cash

6.09%

Cap Rate

0.97

DSCR

$2,686

Rent

-$146

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,686 income − $2,832 expenses = $146 out of pocket

Income$2,686Out of Pocket$146Mortgage P&I$1,30349%Property Taxes$51219%Insurance$883%HOA$171%Management$32212%CapEx$1074%Vacancy$813%Maintenance$1074%Other$29511%

Investment Breakdown

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Purchase Price

$249k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,269

Downpayment

20%

$49,780

Closing costs

1%

$2,489

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,686

Total Expenses

$2,832

Mortgage P&I

49%

$1,303

Property Taxes

19%

$512

Home Insurance

3%

$88

HOA

1%

$17

Property Management

12%

$322

CapEx

4%

$107

Vacancy

3%

$81

Maintenance

4%

$107

Other

11%

$295

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