REI Lense

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$3,386 (target)

4505 Queen Cir, The Colony, TX 75056

3 beds • 2 baths • 1590 sqft

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This property looks like a bad Long-Term investment with a projected -1.3% first-year return on $79,674 initial cash invested.

-1.3%

Cash On Cash

6.54%

Cap Rate

1.04

DSCR

$3,386

Rent

-$86

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,386 income − $3,472 expenses = $86 out of pocket

Income$3,386Out of Pocket$86Mortgage P&I$1,98559%Property Taxes$47114%Insurance$1364%Management$33910%CapEx$1695%Vacancy$2036%Maintenance$1695%

Investment Breakdown

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Purchase Price

$379k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,674

Downpayment

20%

$75,880

Closing costs

1%

$3,794

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,386

Total Expenses

$3,472

Mortgage P&I

59%

$1,985

Property Taxes

14%

$471

Home Insurance

4%

$136

HOA

0%

$0

Property Management

10%

$339

CapEx

5%

$169

Vacancy

6%

$203

Maintenance

5%

$169

Other

0%

$0

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