REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,214 (target)

408 Simmons Dr, Hurst, TX 76053

3 beds • 2 baths • 1734 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.96% first-year return on $66,045 initial cash invested.

-10.96%

Cash On Cash

4.31%

Cap Rate

0.7

DSCR

$2,214

Rent

-$603

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,214 income − $2,817 expenses = $603 out of pocket

Income$2,214Out of Pocket$603Mortgage P&I$1,62273%Property Taxes$50923%Insurance$1105%Management$22110%CapEx$1115%Vacancy$1336%Maintenance$1115%

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,045

Downpayment

20%

$62,900

Closing costs

1%

$3,145

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,214

Total Expenses

$2,817

Mortgage P&I

73%

$1,622

Property Taxes

23%

$509

Home Insurance

5%

$110

HOA

0%

$0

Property Management

10%

$221

CapEx

5%

$111

Vacancy

6%

$133

Maintenance

5%

$111

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis