REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,306 (target)

720 Meadow Creek Ln, Royse City, TX 75189

3 beds • 2 baths • 1608 sqft

Email

This property might be a fair Mid-Term investment with a projected 4.17% first-year return on $68,778 initial cash invested.

4.17%

Cash On Cash

8.17%

Cap Rate

1.29

DSCR

$3,306

Rent

$239

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,306 income − $3,067 expenses = $239 cash flow

Income$3,306Mortgage P&I$1,27539%Property Taxes$53416%Insurance$863%HOA$481%Management$39712%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36411%Cash Flow$239

Investment Breakdown

|

Purchase Price

$242k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,778

Downpayment

20%

$48,360

Closing costs

1%

$2,418

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,306

Total Expenses

$3,067

Mortgage P&I

39%

$1,275

Property Taxes

16%

$534

Home Insurance

3%

$86

HOA

1%

$48

Property Management

12%

$397

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$364

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis