REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

6940 Shoreway Dr, Grand Prairie, TX 75054

4 beds • 2 baths • 2072 sqft

Email

This property looks like a bad Airbnb investment with a projected -10.02% first-year return on $102k initial cash invested.

-10.02%

Cash On Cash

3.8%

Cap Rate

0.63

DSCR

$3,767

Rent

-$849

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$74,000

Closing costs

1%

$3,700

Rehab

0%

$0

Furnishing

6%

$24,000

Cashflow

Total Income

$3,767

Total Expenses

$4,616

Mortgage P&I

50%

$1,869

Property Taxes

19%

$734

Home Insurance

4%

$140

HOA

2%

$64

Property Management

15%

$565

CapEx

4%

$151

Vacancy

0%

$0

Maintenance

4%

$151

Other

25%

$942

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

Joe Pool Lake Resort Style-Upscale Gorgeous Home!!

$3,754

$187

4

2

0.96 mi

Calm & Spacious 4 BR | Pet OK | Monthly Stay

$3,031

$151

4

2

2.01 mi

Family+Pet+Close to Mansfield

$4,196

$209

4

2

1.86 mi

AT&T Stad, Texas Live, 6-flags, JP lake, 4 br,6bed

$6,103

$304

4

2

2.17 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis