REI Lense

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$3,897 (target)

3721 Remington Dr, Carrollton, TX 75007

3 beds • 2 baths • 1971 sqft

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This property looks like a bad Mid-Term investment with a projected -1.39% first-year return on $102k initial cash invested.

-1.39%

Cash On Cash

6.15%

Cap Rate

1.02

DSCR

$3,897

Rent

-$118

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,897 income − $4,015 expenses = $118 out of pocket

Income$3,897Out of Pocket$118Mortgage P&I$2,01352%Property Taxes$53614%Insurance$1404%Management$46812%CapEx$1564%Vacancy$1173%Maintenance$1564%Other$42911%

Investment Breakdown

|

Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,000

Closing costs

1%

$4,000

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,897

Total Expenses

$4,015

Mortgage P&I

52%

$2,013

Property Taxes

14%

$536

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$468

CapEx

4%

$156

Vacancy

3%

$117

Maintenance

4%

$156

Other

11%

$429

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