REI Lense

REI Lense

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$2,308 (target)

810 Sylvan Creek Dr, Lewisville, TX 75067

3 beds • 2 baths • 1646 sqft

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This property looks like a bad Long-Term investment with a projected -11.36% first-year return on $76,251 initial cash invested.

-11.36%

Cash On Cash

3.98%

Cap Rate

0.66

DSCR

$2,308

Rent

-$722

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,308 income − $3,030 expenses = $722 out of pocket

Income$2,308Out of Pocket$722Mortgage P&I$1,81178%Property Taxes$48421%Insurance$1366%Management$23110%CapEx$1155%Vacancy$1386%Maintenance$1155%

Investment Breakdown

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Purchase Price

$363k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,251

Downpayment

20%

$72,620

Closing costs

1%

$3,631

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,308

Total Expenses

$3,030

Mortgage P&I

78%

$1,811

Property Taxes

21%

$484

Home Insurance

6%

$136

HOA

0%

$0

Property Management

10%

$231

CapEx

5%

$115

Vacancy

6%

$138

Maintenance

5%

$115

Other

0%

$0

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