REI Lense

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$1,905 (target)

613 Purple Sage Trl, Mesquite, TX 75149

3 beds • 2 baths • 1241 sqft

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This property looks like a bad Long-Term investment with a projected -7.82% first-year return on $63,798 initial cash invested.

-7.82%

Cash On Cash

4.72%

Cap Rate

0.79

DSCR

$1,905

Rent

-$416

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,905 income − $2,321 expenses = $416 out of pocket

Income$1,905Out of Pocket$416Mortgage P&I$1,51780%Property Taxes$20211%Insurance$1086%Management$19010%CapEx$955%Vacancy$1146%Maintenance$955%

Investment Breakdown

|

Purchase Price

$304k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,798

Downpayment

20%

$60,760

Closing costs

1%

$3,038

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,905

Total Expenses

$2,321

Mortgage P&I

80%

$1,517

Property Taxes

11%

$202

Home Insurance

6%

$108

HOA

0%

$0

Property Management

10%

$190

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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