REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$6,144 (target)

404 TURQUOISE, Horseshoe Bay, TX 78657

3 beds • 3 baths • 2546 sqft

Email

This property looks like a bad Mid-Term investment with a projected -6.71% first-year return on $195k initial cash invested.

-6.71%

Cash On Cash

4.87%

Cap Rate

0.8

DSCR

$6,144

Rent

-$1,088

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,144 income − $7,232 expenses = $1,088 out of pocket

Income$6,144Out of Pocket$1,088Mortgage P&I$4,25469%Property Taxes$5839%Insurance$3065%Management$73712%CapEx$2464%Vacancy$1843%Maintenance$2464%Other$67611%

Investment Breakdown

|

Purchase Price

$841k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$195k

Downpayment

20%

$168k

Closing costs

1%

$8,414

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,144

Total Expenses

$7,232

Mortgage P&I

69%

$4,254

Property Taxes

9%

$583

Home Insurance

5%

$306

HOA

0%

$0

Property Management

12%

$737

CapEx

4%

$246

Vacancy

3%

$184

Maintenance

4%

$246

Other

11%

$676

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis