REI Lense

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$3,316 (target)

401 Vine St, Euless, TX 76040

3 beds • 2 baths • 1443 sqft

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This property might be a fair Mid-Term investment with a projected 0.5% first-year return on $84,150 initial cash invested.

0.5%

Cash On Cash

6.77%

Cap Rate

1.1

DSCR

$3,316

Rent

$35

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,316 income − $3,281 expenses = $35 cash flow

Income$3,316Mortgage P&I$1,60949%Property Taxes$43413%Insurance$1103%Management$39812%CapEx$1334%Vacancy$993%Maintenance$1334%Other$36511%Cash Flow$35

Investment Breakdown

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Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,316

Total Expenses

$3,281

Mortgage P&I

49%

$1,609

Property Taxes

13%

$434

Home Insurance

3%

$110

HOA

0%

$0

Property Management

12%

$398

CapEx

4%

$133

Vacancy

3%

$99

Maintenance

4%

$133

Other

11%

$365

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