REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

7060 Jay Ln, Azle, TX 76020

3 beds • 2 baths • 1406 sqft

Email

This property looks like a bad Long-Term investment with a projected -6.2% first-year return on $56,490 initial cash invested.

-6.2%

Cash On Cash

4.88%

Cap Rate

0.84

DSCR

$1,800

Rent

-$292

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,490

Downpayment

20%

$53,800

Closing costs

1%

$2,690

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,800

Total Expenses

$2,092

Mortgage P&I

72%

$1,296

Property Taxes

13%

$234

Home Insurance

5%

$94

HOA

0%

$0

Property Management

10%

$180

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

528 Petit Dr, Newark, TX 76071

$2,400

3

2

1448

2.5 mi

508 Mccanne Rd, Newark, TX 76071

$1,750

3

2

1360

2.5 mi

528 Pettit Dr, Newark, TX 76071

$2,600

3

2

1500

2.5 mi

1328 E Surfside Dr, Azle, TX 76020

$2,000

3

2

1453

3.2 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis