REI Lense

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$2,809 (target)

8241 Lauren Way, Watauga, TX 76148

3 beds • 2 baths • 2117 sqft

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This property looks like a bad Long-Term investment with a projected -11.46% first-year return on $82,950 initial cash invested.

-11.46%

Cash On Cash

4.04%

Cap Rate

0.67

DSCR

$2,809

Rent

-$792

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,809 income − $3,601 expenses = $792 out of pocket

Income$2,809Out of Pocket$792Mortgage P&I$1,98271%Property Taxes$68024%Insurance$1385%HOA$713%Management$28110%CapEx$1405%Vacancy$1696%Maintenance$1405%

Investment Breakdown

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Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,950

Downpayment

20%

$79,000

Closing costs

1%

$3,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,809

Total Expenses

$3,601

Mortgage P&I

71%

$1,982

Property Taxes

24%

$680

Home Insurance

5%

$138

HOA

3%

$71

Property Management

10%

$281

CapEx

5%

$140

Vacancy

6%

$169

Maintenance

5%

$140

Other

0%

$0

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