REI Lense

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$3,492 (target)

725 Bird Creek Dr, Little Elm, TX 75068

3 beds • 2 baths • 2025 sqft

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This property looks like a bad Mid-Term investment with a projected -2.8% first-year return on $88,140 initial cash invested.

-2.8%

Cash On Cash

5.94%

Cap Rate

0.96

DSCR

$3,492

Rent

-$206

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,492 income − $3,698 expenses = $206 out of pocket

Income$3,492Out of Pocket$206Mortgage P&I$1,71949%Property Taxes$62618%Insurance$1193%HOA$461%Management$41912%CapEx$1404%Vacancy$1053%Maintenance$1404%Other$38411%

Investment Breakdown

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Purchase Price

$334k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,140

Downpayment

20%

$66,800

Closing costs

1%

$3,340

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,492

Total Expenses

$3,698

Mortgage P&I

49%

$1,719

Property Taxes

18%

$626

Home Insurance

3%

$119

HOA

1%

$46

Property Management

12%

$419

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$384

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