REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,658 (target)

6311 Tropicana Ln, Forney, TX 75126

3 beds • 2 baths • 1254 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.72% first-year return on $66,279 initial cash invested.

-2.72%

Cash On Cash

6.03%

Cap Rate

0.96

DSCR

$2,658

Rent

-$150

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,658 income − $2,808 expenses = $150 out of pocket

Income$2,658Out of Pocket$150Mortgage P&I$1,20045%Property Taxes$57522%Insurance$803%HOA$502%Management$31912%CapEx$1064%Vacancy$803%Maintenance$1064%Other$29211%

Investment Breakdown

|

Purchase Price

$230k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,279

Downpayment

20%

$45,980

Closing costs

1%

$2,299

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,658

Total Expenses

$2,808

Mortgage P&I

45%

$1,200

Property Taxes

22%

$575

Home Insurance

3%

$80

HOA

2%

$50

Property Management

12%

$319

CapEx

4%

$106

Vacancy

3%

$80

Maintenance

4%

$106

Other

11%

$292

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis