REI Lense

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$2,168 (target)

893 Vz County Road 4203, Canton, TX 75103

3 beds • 2 baths • 2545 sqft

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This property looks like a bad Long-Term investment with a projected -22.3% first-year return on $165k initial cash invested.

-22.3%

Cash On Cash

1.56%

Cap Rate

0.26

DSCR

$2,168

Rent

-$3,063

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,168 income − $5,231 expenses = $3,063 out of pocket

Income$2,168Out of Pocket$3,063Mortgage P&I$3,974183%Property Taxes$41919%Insurance$27513%Management$21710%CapEx$1085%Vacancy$1306%Maintenance$1085%

Investment Breakdown

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Purchase Price

$785k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$165k

Downpayment

20%

$157k

Closing costs

1%

$7,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,168

Total Expenses

$5,231

Mortgage P&I

183%

$3,974

Property Taxes

19%

$419

Home Insurance

13%

$275

HOA

0%

$0

Property Management

10%

$217

CapEx

5%

$108

Vacancy

6%

$130

Maintenance

5%

$108

Other

0%

$0

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