REI Lense

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$4,035 (target)

6 Inverness Ct, Mansfield, TX 76063

3 beds • 2 baths • 2380 sqft

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This property looks like a bad Mid-Term investment with a projected -5.14% first-year return on $110k initial cash invested.

-5.14%

Cash On Cash

5.31%

Cap Rate

0.86

DSCR

$4,035

Rent

-$473

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,035 income − $4,508 expenses = $473 out of pocket

Income$4,035Out of Pocket$473Mortgage P&I$2,25956%Property Taxes$72418%Insurance$1544%Management$48412%CapEx$1614%Vacancy$1213%Maintenance$1614%Other$44411%

Investment Breakdown

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Purchase Price

$440k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,980

Closing costs

1%

$4,399

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,035

Total Expenses

$4,508

Mortgage P&I

56%

$2,259

Property Taxes

18%

$724

Home Insurance

4%

$154

HOA

0%

$0

Property Management

12%

$484

CapEx

4%

$161

Vacancy

3%

$121

Maintenance

4%

$161

Other

11%

$444

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