REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,645 (target)

508 Forest Cir, Irving, TX 75062

3 beds • 2 baths • 1808 sqft

Email

This property looks like a bad Mid-Term investment with a projected -0.52% first-year return on $89,400 initial cash invested.

-0.52%

Cash On Cash

6.36%

Cap Rate

1.06

DSCR

$3,645

Rent

-$39

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,645 income − $3,684 expenses = $39 out of pocket

Income$3,645Out of Pocket$39Mortgage P&I$1,69547%Property Taxes$63117%Insurance$1193%Management$43712%CapEx$1464%Vacancy$1093%Maintenance$1464%Other$40111%

Investment Breakdown

|

Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,400

Downpayment

20%

$68,000

Closing costs

1%

$3,400

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,645

Total Expenses

$3,684

Mortgage P&I

47%

$1,695

Property Taxes

17%

$631

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$437

CapEx

4%

$146

Vacancy

3%

$109

Maintenance

4%

$146

Other

11%

$401

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis