REI Lense

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$2,676 (target)

4110 Ping Dr, Mansfield, TX 76063

3 beds • 2 baths • 2252 sqft

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This property looks like a bad Long-Term investment with a projected -12.06% first-year return on $81,081 initial cash invested.

-12.06%

Cash On Cash

3.83%

Cap Rate

0.64

DSCR

$2,676

Rent

-$815

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,676 income − $3,491 expenses = $815 out of pocket

Income$2,676Out of Pocket$815Mortgage P&I$1,91271%Property Taxes$70126%Insurance$1445%HOA$371%Management$26810%CapEx$1345%Vacancy$1616%Maintenance$1345%

Investment Breakdown

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Purchase Price

$386k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,081

Downpayment

20%

$77,220

Closing costs

1%

$3,861

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,676

Total Expenses

$3,491

Mortgage P&I

71%

$1,912

Property Taxes

26%

$701

Home Insurance

5%

$144

HOA

1%

$37

Property Management

10%

$268

CapEx

5%

$134

Vacancy

6%

$161

Maintenance

5%

$134

Other

0%

$0

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