REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,176 (target)

416 Butterfly Ln, Red Oak, TX 75154

3 beds • 2 baths • 1515 sqft

Email

This property might be a fair Mid-Term investment with a projected 4.98% first-year return on $74,700 initial cash invested.

4.98%

Cash On Cash

7.92%

Cap Rate

1.33

DSCR

$3,176

Rent

$310

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,176 income − $2,866 expenses = $310 cash flow

Income$3,176Mortgage P&I$1,34442%Property Taxes$34911%Insurance$943%Management$38112%CapEx$1274%Vacancy$953%Maintenance$1274%Other$34911%Cash Flow$310

Investment Breakdown

|

Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,700

Downpayment

20%

$54,000

Closing costs

1%

$2,700

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,176

Total Expenses

$2,866

Mortgage P&I

42%

$1,344

Property Taxes

11%

$349

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$381

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$349

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis