REI Lense

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$4,584 (target)

604 S Briarcrest Dr, Richardson, TX 75081

3 beds • 3 baths • 1995 sqft

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This property might be a fair Mid-Term investment with a projected 2.56% first-year return on $96,750 initial cash invested.

2.56%

Cash On Cash

7.27%

Cap Rate

1.21

DSCR

$4,584

Rent

$206

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,584 income − $4,378 expenses = $206 cash flow

Income$4,584Mortgage P&I$1,88241%Property Taxes$80718%Insurance$1313%Management$55012%CapEx$1834%Vacancy$1383%Maintenance$1834%Other$50411%Cash Flow$206

Investment Breakdown

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Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,584

Total Expenses

$4,378

Mortgage P&I

41%

$1,882

Property Taxes

18%

$807

Home Insurance

3%

$131

HOA

0%

$0

Property Management

12%

$550

CapEx

4%

$183

Vacancy

3%

$138

Maintenance

4%

$183

Other

11%

$504

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