REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,432 (target)

623 Lakewood Dr, Allen, TX 75002

3 beds • 2 baths • 2142 sqft

Email

This property looks like a bad Long-Term investment with a projected -14.92% first-year return on $91,098 initial cash invested.

-14.92%

Cash On Cash

3.19%

Cap Rate

0.53

DSCR

$2,432

Rent

-$1,133

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,432 income − $3,565 expenses = $1,133 out of pocket

Income$2,432Out of Pocket$1,133Mortgage P&I$2,16389%Property Taxes$60625%Insurance$1637%Management$24310%CapEx$1225%Vacancy$1466%Maintenance$1225%

Investment Breakdown

|

Purchase Price

$434k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,098

Downpayment

20%

$86,760

Closing costs

1%

$4,338

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,432

Total Expenses

$3,565

Mortgage P&I

89%

$2,163

Property Taxes

25%

$606

Home Insurance

7%

$163

HOA

0%

$0

Property Management

10%

$243

CapEx

5%

$122

Vacancy

6%

$146

Maintenance

5%

$122

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis