REI Lense

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$3,726 (target)

700 NW Barbara Ln, Burleson, TX 76028

3 beds • 3 baths • 1694 sqft

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This property might be a fair Mid-Term investment with a projected 3.19% first-year return on $85,683 initial cash invested.

3.19%

Cash On Cash

7.38%

Cap Rate

1.23

DSCR

$3,726

Rent

$228

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,726 income − $3,498 expenses = $228 cash flow

Income$3,726Mortgage P&I$1,60643%Property Taxes$50914%Insurance$1163%Management$44712%CapEx$1494%Vacancy$1123%Maintenance$1494%Other$41011%Cash Flow$228

Investment Breakdown

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Purchase Price

$322k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,683

Downpayment

20%

$64,460

Closing costs

1%

$3,223

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,726

Total Expenses

$3,498

Mortgage P&I

43%

$1,606

Property Taxes

14%

$509

Home Insurance

3%

$116

HOA

0%

$0

Property Management

12%

$447

CapEx

4%

$149

Vacancy

3%

$112

Maintenance

4%

$149

Other

11%

$410

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