REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,013 (target)

4725 Salers Way, Forney, TX 75126

3 beds • 2 baths • 1584 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.5% first-year return on $51,639 initial cash invested.

-10.5%

Cash On Cash

4.69%

Cap Rate

0.73

DSCR

$2,013

Rent

-$452

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,013 income − $2,465 expenses = $452 out of pocket

Income$2,013Out of Pocket$452Mortgage P&I$1,31265%Property Taxes$48924%Insurance$864%HOA$543%Management$20110%CapEx$1015%Vacancy$1216%Maintenance$1015%

Investment Breakdown

|

Purchase Price

$246k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,639

Downpayment

20%

$49,180

Closing costs

1%

$2,459

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,013

Total Expenses

$2,465

Mortgage P&I

65%

$1,312

Property Taxes

24%

$489

Home Insurance

4%

$86

HOA

3%

$54

Property Management

10%

$201

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis