REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,682 (target)

540 Vz County Road 3724, Wills Point, TX 75169

3 beds • 3 baths • 2224 sqft

Email

This property looks like a bad Mid-Term investment with a projected -7.05% first-year return on $102k initial cash invested.

-7.05%

Cash On Cash

4.55%

Cap Rate

0.76

DSCR

$2,682

Rent

-$599

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,682 income − $3,281 expenses = $599 out of pocket

Income$2,682Out of Pocket$599Mortgage P&I$2,00975%Property Taxes$2218%Insurance$1405%Management$32212%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29511%

Investment Breakdown

|

Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,000

Closing costs

1%

$4,000

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,682

Total Expenses

$3,281

Mortgage P&I

75%

$2,009

Property Taxes

8%

$221

Home Insurance

5%

$140

HOA

0%

$0

Property Management

12%

$322

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$295

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis