REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

521 Newcastle Dr, Desoto, TX 75115

3 beds • 2 baths • 1693 sqft

Email

This property looks like a bad Airbnb investment with a projected -2.28% first-year return on $76,212 initial cash invested.

-2.28%

Cash On Cash

6.11%

Cap Rate

1

DSCR

$3,758

Rent

-$145

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$277k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,212

Downpayment

20%

$55,440

Closing costs

1%

$2,772

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,758

Total Expenses

$3,903

Mortgage P&I

37%

$1,406

Property Taxes

16%

$588

Home Insurance

3%

$105

HOA

0%

$0

Property Management

15%

$564

CapEx

4%

$150

Vacancy

0%

$0

Maintenance

4%

$150

Other

25%

$940

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis