REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,617 (target)

4500 Fargo Dr, Grand Prairie, TX 75052

3 beds • 3 baths • 1864 sqft

Email

This property looks like a bad Long-Term investment with a projected -7.58% first-year return on $67,578 initial cash invested.

-7.58%

Cash On Cash

5.09%

Cap Rate

0.82

DSCR

$2,617

Rent

-$427

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,617 income − $3,044 expenses = $427 out of pocket

Income$2,617Out of Pocket$427Mortgage P&I$1,66264%Property Taxes$58722%Insurance$1144%Management$26210%CapEx$1315%Vacancy$1576%Maintenance$1315%

Investment Breakdown

|

Purchase Price

$322k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,578

Downpayment

20%

$64,360

Closing costs

1%

$3,218

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,617

Total Expenses

$3,044

Mortgage P&I

64%

$1,662

Property Taxes

22%

$587

Home Insurance

4%

$114

HOA

0%

$0

Property Management

10%

$262

CapEx

5%

$131

Vacancy

6%

$157

Maintenance

5%

$131

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis