REI Lense

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$4,014 (target)

4110 Ping Dr, Mansfield, TX 76063

3 beds • 2 baths • 2252 sqft

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This property looks like a bad Mid-Term investment with a projected -1.77% first-year return on $99,081 initial cash invested.

-1.77%

Cash On Cash

5.99%

Cap Rate

1.01

DSCR

$4,014

Rent

-$146

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,014 income − $4,160 expenses = $146 out of pocket

Income$4,014Out of Pocket$146Mortgage P&I$1,91248%Property Taxes$70117%Insurance$1444%HOA$371%Management$48212%CapEx$1614%Vacancy$1203%Maintenance$1614%Other$44211%

Investment Breakdown

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Purchase Price

$386k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,081

Downpayment

20%

$77,220

Closing costs

1%

$3,861

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,014

Total Expenses

$4,160

Mortgage P&I

48%

$1,912

Property Taxes

17%

$701

Home Insurance

4%

$144

HOA

1%

$37

Property Management

12%

$482

CapEx

4%

$161

Vacancy

3%

$120

Maintenance

4%

$161

Other

11%

$442

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