REI Lense

REI Lense

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$2,717 (target)

4006 Watersedge Dr, Rowlett, TX 75088

3 beds • 2 baths • 2080 sqft

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This property looks like a bad Long-Term investment with a projected -11.21% first-year return on $79,779 initial cash invested.

-11.21%

Cash On Cash

4.05%

Cap Rate

0.68

DSCR

$2,717

Rent

-$745

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,717 income − $3,462 expenses = $745 out of pocket

Income$2,717Out of Pocket$745Mortgage P&I$1,89170%Property Taxes$71426%Insurance$1335%HOA$171%Management$27210%CapEx$1365%Vacancy$1636%Maintenance$1365%

Investment Breakdown

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Purchase Price

$380k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,779

Downpayment

20%

$75,980

Closing costs

1%

$3,799

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,717

Total Expenses

$3,462

Mortgage P&I

70%

$1,891

Property Taxes

26%

$714

Home Insurance

5%

$133

HOA

1%

$17

Property Management

10%

$272

CapEx

5%

$136

Vacancy

6%

$163

Maintenance

5%

$136

Other

0%

$0

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