REI Lense

REI Lense

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$2,252 (target)

6805 Red Rock Trl, Watauga, TX 76137

3 beds • 2 baths • 1905 sqft

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This property looks like a bad Long-Term investment with a projected -11.73% first-year return on $69,657 initial cash invested.

-11.73%

Cash On Cash

4.12%

Cap Rate

0.67

DSCR

$2,252

Rent

-$681

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,252 income − $2,933 expenses = $681 out of pocket

Income$2,252Out of Pocket$681Mortgage P&I$1,70776%Property Taxes$52323%Insurance$1175%Management$22510%CapEx$1135%Vacancy$1356%Maintenance$1135%

Investment Breakdown

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Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,657

Downpayment

20%

$66,340

Closing costs

1%

$3,317

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,252

Total Expenses

$2,933

Mortgage P&I

76%

$1,707

Property Taxes

23%

$523

Home Insurance

5%

$117

HOA

0%

$0

Property Management

10%

$225

CapEx

5%

$113

Vacancy

6%

$135

Maintenance

5%

$113

Other

0%

$0

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