REI Lense

REI Lense

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$2,117 (target)

416 Butterfly Ln, Red Oak, TX 75154

3 beds • 2 baths • 1515 sqft

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This property looks like a bad Long-Term investment with a projected -4.68% first-year return on $56,700 initial cash invested.

-4.68%

Cash On Cash

5.46%

Cap Rate

0.91

DSCR

$2,117

Rent

-$221

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,117 income − $2,338 expenses = $221 out of pocket

Income$2,117Out of Pocket$221Mortgage P&I$1,34463%Property Taxes$34916%Insurance$944%Management$21210%CapEx$1065%Vacancy$1276%Maintenance$1065%

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,700

Downpayment

20%

$54,000

Closing costs

1%

$2,700

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,117

Total Expenses

$2,338

Mortgage P&I

63%

$1,344

Property Taxes

16%

$349

Home Insurance

4%

$94

HOA

0%

$0

Property Management

10%

$212

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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