REI Lense

REI Lense

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$3,018 (target)

4541 Grainland Ct, Fort Worth, TX 76179

3 beds • 2 baths • 1604 sqft

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This property might be a fair Mid-Term investment with a projected 2.48% first-year return on $73,650 initial cash invested.

2.48%

Cash On Cash

7.19%

Cap Rate

1.21

DSCR

$3,018

Rent

$152

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,018

Total Expenses

$2,866

Mortgage P&I

44%

$1,315

Property Taxes

14%

$431

Home Insurance

3%

$93

HOA

0%

$0

Property Management

12%

$362

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$332

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