REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,320 (target)

5508 Adams Dr, The Colony, TX 75056

3 beds • 2 baths • 1267 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.7% first-year return on $79,782 initial cash invested.

3.7%

Cash On Cash

7.45%

Cap Rate

1.26

DSCR

$3,320

Rent

$246

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,320 income − $3,074 expenses = $246 cash flow

Income$3,320Mortgage P&I$1,44744%Property Taxes$39312%Insurance$1053%Management$39812%CapEx$1334%Vacancy$1003%Maintenance$1334%Other$36511%Cash Flow$246

Investment Breakdown

|

Purchase Price

$294k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,782

Downpayment

20%

$58,840

Closing costs

1%

$2,942

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,320

Total Expenses

$3,074

Mortgage P&I

44%

$1,447

Property Taxes

12%

$393

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$398

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$365

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis