REI Lense

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$2,902 (target)

406 Northgate Dr, Terrell, TX 75160

3 beds • 2 baths • 1748 sqft

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This property might be a fair Mid-Term investment with a projected 4.81% first-year return on $71,550 initial cash invested.

4.81%

Cash On Cash

7.68%

Cap Rate

1.33

DSCR

$2,902

Rent

$287

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,902 income − $2,615 expenses = $287 cash flow

Income$2,902Mortgage P&I$1,22842%Property Taxes$31211%Insurance$893%Management$34812%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31911%Cash Flow$287

Investment Breakdown

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Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,550

Downpayment

20%

$51,000

Closing costs

1%

$2,550

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,902

Total Expenses

$2,615

Mortgage P&I

42%

$1,228

Property Taxes

11%

$312

Home Insurance

3%

$89

HOA

0%

$0

Property Management

12%

$348

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$319

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