REI Lense

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$3,330 (target)

400 Rolling Hills Dr, Aledo, TX 76008

3 beds • 2 baths • 1806 sqft

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This property looks like a bad Mid-Term investment with a projected -4.41% first-year return on $95,070 initial cash invested.

-4.41%

Cash On Cash

5.48%

Cap Rate

0.89

DSCR

$3,330

Rent

-$349

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,330 income − $3,679 expenses = $349 out of pocket

Income$3,330Out of Pocket$349Mortgage P&I$1,89357%Property Taxes$52316%Insurance$1314%Management$40012%CapEx$1334%Vacancy$1003%Maintenance$1334%Other$36611%

Investment Breakdown

|

Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,070

Downpayment

20%

$73,400

Closing costs

1%

$3,670

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,330

Total Expenses

$3,679

Mortgage P&I

57%

$1,893

Property Taxes

16%

$523

Home Insurance

4%

$131

HOA

0%

$0

Property Management

12%

$400

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$366

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