REI Lense

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$1,847 (target)

5317 Palmer Dr, Haltom City, TX 76117

3 beds • 2 baths • 1228 sqft

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This property looks like a bad Long-Term investment with a projected -11.9% first-year return on $52,017 initial cash invested.

-11.9%

Cash On Cash

4.3%

Cap Rate

0.68

DSCR

$1,847

Rent

-$516

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,847 income − $2,363 expenses = $516 out of pocket

Income$1,847Out of Pocket$516Mortgage P&I$1,31271%Property Taxes$48326%Insurance$885%Management$18510%CapEx$925%Vacancy$1116%Maintenance$925%

Investment Breakdown

|

Purchase Price

$248k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,017

Downpayment

20%

$49,540

Closing costs

1%

$2,477

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,847

Total Expenses

$2,363

Mortgage P&I

71%

$1,312

Property Taxes

26%

$483

Home Insurance

5%

$88

HOA

0%

$0

Property Management

10%

$185

CapEx

5%

$92

Vacancy

6%

$111

Maintenance

5%

$92

Other

0%

$0

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