REI Lense

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$2,958 (target)

491 Black Forest Dr, Pottsboro, TX 75076

3 beds • 3 baths • 1720 sqft

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This property looks like a bad Mid-Term investment with a projected -10.42% first-year return on $114k initial cash invested.

-10.42%

Cash On Cash

4.11%

Cap Rate

0.64

DSCR

$2,958

Rent

-$992

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,958 income − $3,950 expenses = $992 out of pocket

Income$2,958Out of Pocket$992Mortgage P&I$2,44383%Property Taxes$32811%Insurance$1666%HOA$8Management$35512%CapEx$1184%Vacancy$893%Maintenance$1184%Other$32511%

Investment Breakdown

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Purchase Price

$458k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,620

Closing costs

1%

$4,581

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,958

Total Expenses

$3,950

Mortgage P&I

83%

$2,443

Property Taxes

11%

$328

Home Insurance

6%

$166

HOA

0%

$8

Property Management

12%

$355

CapEx

4%

$118

Vacancy

3%

$89

Maintenance

4%

$118

Other

11%

$325

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