REI Lense

REI Lense

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$3,214 (target)

4308 Cat Tail Way, Forney, TX 75126

3 beds • 2 baths • 1642 sqft

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This property might be a fair Mid-Term investment with a projected 1.73% first-year return on $69,933 initial cash invested.

1.73%

Cash On Cash

7.36%

Cap Rate

1.18

DSCR

$3,214

Rent

$101

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$247k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,933

Downpayment

20%

$49,460

Closing costs

1%

$2,473

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,214

Total Expenses

$3,113

Mortgage P&I

40%

$1,287

Property Taxes

19%

$595

Home Insurance

3%

$87

HOA

2%

$50

Property Management

12%

$386

CapEx

4%

$129

Vacancy

3%

$96

Maintenance

4%

$129

Other

11%

$354

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