REI Lense

REI Lense

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$3,174 (target)

5729 Roadhouse Dr, Forney, TX 75126

3 beds • 2 baths • 1412 sqft

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This property might be a fair Mid-Term investment with a projected 3.43% first-year return on $74,068 initial cash invested.

3.43%

Cash On Cash

7.47%

Cap Rate

1.26

DSCR

$3,174

Rent

$212

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$267k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,068

Downpayment

20%

$53,398

Closing costs

1%

$2,670

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,174

Total Expenses

$2,962

Mortgage P&I

42%

$1,324

Property Taxes

13%

$425

Home Insurance

3%

$93

HOA

1%

$41

Property Management

12%

$381

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$349

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