REI Lense

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$2,878 (target)

5801 Haney Dr, Watauga, TX 76148

3 beds • 2 baths • 1355 sqft

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This property might be a fair Mid-Term investment with a projected 1.44% first-year return on $75,750 initial cash invested.

1.44%

Cash On Cash

6.88%

Cap Rate

1.15

DSCR

$2,878

Rent

$91

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,878 income − $2,787 expenses = $91 cash flow

Income$2,878Mortgage P&I$1,37048%Property Taxes$34312%Insurance$963%Management$34512%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31711%Cash Flow$91

Investment Breakdown

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Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,878

Total Expenses

$2,787

Mortgage P&I

48%

$1,370

Property Taxes

12%

$343

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$345

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$317

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