REI Lense

REI Lense

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$2,844 (target)

9017 Laredo Dr, Irving, TX 75063

3 beds • 2 baths • 2053 sqft

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This property looks like a bad Long-Term investment with a projected -18.2% first-year return on $111k initial cash invested.

-18.2%

Cash On Cash

2.5%

Cap Rate

0.42

DSCR

$2,844

Rent

-$1,688

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$530k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$106k

Closing costs

1%

$5,299

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,844

Total Expenses

$4,532

Mortgage P&I

93%

$2,649

Property Taxes

31%

$882

Home Insurance

7%

$186

HOA

3%

$76

Property Management

10%

$284

CapEx

5%

$142

Vacancy

6%

$171

Maintenance

5%

$142

Other

0%

$0

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