REI Lense

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$3,423 (target)

6809 Norris Cir, Weatherford, TX 76087

3 beds • 2 baths • 2011 sqft

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This property looks like a bad Mid-Term investment with a projected -14.16% first-year return on $129k initial cash invested.

-14.16%

Cash On Cash

3.52%

Cap Rate

0.53

DSCR

$3,423

Rent

-$1,525

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,423 income − $4,948 expenses = $1,525 out of pocket

Income$3,423Out of Pocket$1,525Mortgage P&I$2,94186%Property Taxes$65619%Insurance$1865%Management$41112%CapEx$1374%Vacancy$1033%Maintenance$1374%Other$37711%

Investment Breakdown

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Purchase Price

$530k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$106k

Closing costs

1%

$5,299

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,423

Total Expenses

$4,948

Mortgage P&I

86%

$2,941

Property Taxes

19%

$656

Home Insurance

5%

$186

HOA

0%

$0

Property Management

12%

$411

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$377

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